Retail inflation for industrial workers at 10.85%

Retail inflation for industrial workers has eased marginally to 10.85 per cent in July compared to 11.63 per cent in June this year,even as prices of food articles continued to remain high.

“The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July,2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year,” a labour ministry statement said.

The food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year,it added.

According to the press release,the retail inflation measured in terms of all India Consumer Price Index-Industrial Workers (CPI-IW) for July rose by 4 points and pegged at 235.