PRESS RELEASE ON CONSUMER PRICE INDEX (CPI) INFLATIONFOR THE MONTH OF JUNE, 2024

IndicatorsBase Year 2015-16 (%)
Inflation Rate, June 2024 over May, 2024 (Month on Month)0.46
Inflation Rate, June, 2024 over June, 2023 (Year on Year)12.57
Average Inflation Rate, Jul-June, 2023-24 over Jul-June, 2022-2323.41
  1. The CPI on new base (2015-16) comprises of urban CPI and Rural CPI. The Urban CPI covers 35 cities and 356 consumer items. The Rural CPI covers 27 Rural Centers and 244 consumer items. In the base year (2015-16) National CPI for 12 major groups is also computed by taking weighted average of Urban CPI and Rural CPI.

Monthly Analysis [June, 2024 over May, 2024]

  • CPI National for the month of June, 2024 increased by 0.46% over May, 2024. The Urban CPI recorded an increase of 0.58% while Rural CPI recorded an increase of 0.28%.
GroupNATIONALURBANRURAL
Weight (%)INDICES% ChangeWeight (%)INDICES% ChangeWeight (%)INDICES% Change
June,2024May, 2024June,2024May,2024June,2024May,2024
General100.00255.94254.780.46100.00253.44251.990.58100.00259.72258.990.28
Food & non-alcoholic Beverages34.58264.33264.010.1230.42262.18260.780.5440.87266.75267.64-0.33
   Non-perishable food items 29.60263.94266.43-0.9425.97262.39263.49-0.4235.08265.67269.72-1.50
   Perishable food items4.99266.62249.596.834.46260.92244.936.535.79273.25255.007.16
Alcoholic Beverages, Tobacco1.02377.47366.682.940.85401.92387.133.821.28352.81346.061.95
Clothing and footwear8.60241.68239.460.928.01233.53231.280.979.48252.06249.900.86
Housing, Water, Elec., Gas & other fuels23.63240.15236.631.4927.03246.77243.361.4018.49225.54221.781.70
Furnishing & HH equipment maintenance4.10268.30267.410.334.09258.39257.550.334.10283.21282.260.34
Health2.79244.56241.171.412.31247.37243.201.713.51241.78239.151.10
Transport5.91308.23315.06-2.176.14303.14309.36-2.015.56316.71324.55-2.42
Communication2.21134.52134.270.192.35138.28137.910.271.99127.84127.800.03
Recreation and culture1.59269.00262.272.571.73255.02251.251.501.38295.53283.174.36
Education3.79199.58199.000.294.88194.55194.430.062.13216.95214.781.01
Restaurants and hotels6.92266.53267.22-0.267.41263.73265.20-0.556.19271.58270.880.26
Misc. goods and services4.87284.93282.790.764.77277.61276.030.575.02295.45292.501.01
  • Top few commodities which varied from previous month i.e. May, 2024 are given below:

URBAN:

FOOD

Increased: Tomatoes (38.96%), Onions (20.73%), Pulse Gram (10.16%), Chicken (8.32%), Potatoes (6.68%), Besan (6.41%), Butter (6.26%), Fresh Fruits (4.63%), Cigarettes  (4.55%), Pulse Mash (3.23%), Gram Whole (2.94%), Condiments and Spices (2.50%), Milk Products (2.48%), Milk Fresh (1.80%), Beans (1.63%), Gur (0.92%), Meat (0.81%), Fish (0.57%), Pulse Moong (0.53%), Dry Fruits (0.24%), Milk Powder (0.19%), Pan Prepared (0.18%), Ice Cream (0.13%), Honey (0.05%) and Dessert Preparation (0.02%).

Decreased: Wheat Flour (8.93%), Wheat (7.92%), Wheat Products (7.75%), Eggs (5.12%), Rice (4.15%), Bakery and Confectionary (2.53%), Pulse Masoor (2.29%), Fresh Vegetables (2.13%), Mustard Oil (0.82%), Readymade Food (0.81%), Nimco (0.67%), Sugar (0.41%), Beverages (0.17%), Cooking Oil (0.05%) and Vegetable Ghee (0.05%).

NON-FOOD:

Increased: Electricity Charges (8.10%), Tailoring (4.59%), Transport Services (4.36%), Text Books (2.74%), Drugs and Medicines (2.16%), Hospitals Services (1.95%), Personal Effects (1.48%), Hosiry (1.46%), Medical Tests (1.43%), Garbage Collection (1.05%) and Communication Apparatus (0.99%). 

Decreased: Liquified Hydrocarbons (10.82%), Motor Fuel (5.44%) and Solid Fuel (0.39%).

RURAL:

FOOD

Increased: Tomatoes (25.01%), Onions (20.67%), Chicken (12.22%), Pulse Gram (9.45%), Potatoes (6.16%), Besan (5.13%), Pulse Mash (2.94%), Fresh Vegetables (2.86%), Pan Prepared (2.18%), Fresh Fruits (2.04%), Meat (1.96%), Cigarettes (1.94%), Gur (1.80%), Butter (1.67%), Milk Fresh (1.34%), Milk Powder (0.97%), Gram Whole (0.82%), Pulse Moong (0.78%), Dry Fruits (0.76%), Condiments and Spices (0.74%).

Decreased: Wheat (12.59%), Wheat Flour (9.61%), Wheat Products (5.99%), Eggs (4.42%), Rice (4.30%), Mustard Oil (2.54%), Bakery and Confectionary (2.19%), Cooking Oil (0.93%), Pulse Masoor (0.31%), Beans (0.17%), Sugar (0.16%), Vegetable Ghee (0.13%) and Readymade Food (0.09%).

NON-FOOD 

Increased: Electricity Charges (8.10%), Text Books (7.98%), Recreation and Culture (2.46%), Construction

Input Items (2.19%), Transport Services (2.04%), Hosiry (2.00%), Cotton Cloth (1.61%), Drugs and Medicines (1.59%), Appliances/Articles/Products for Personal Care (1.18%) and Education (1.01%). 

Decreased: Motor Fuels (5.84%), Liquified Hydrocarbons (2.90%), Solid Fuel (0.64%), Motor Vehicles Accessories (0.31%) and Washing Soaps, Detergents & Match Box (0.14%) each.

YEARLY ANALYSIS [June, 2024 over June, 2023]

  • CPI National for the month of June, 2024 increased to 12.57% over June, 2023. The Urban CPI recorded an increase of 14.89% while Rural CPI recorded an increase of 9.31%.
GroupNATIONALURBANRURAL
Weight (%)INDICES% ChangeWeight (%)INDICES% ChangeWeight (%)INDICES% Change
June,2024 June,2023June,2024 June,2023June,2024June,2023
General100.00255.94227.3712.57100.00253.44220.5914.89100.00259.72237.619.31
Food & non-alcoholic Beverages34.58264.33261.780.9730.42262.18257.651.7640.87266.75266.420.12
Non-perishable food items29.60263.94268.68-1.7625.97262.39263.77-0.5235.08265.67274.16-3.10
Perishable food items4.99266.62220.8120.754.46260.92221.9517.565.79273.25219.4924.49
Alcoholic Beverages, Tobacco1.02377.47356.775.800.85401.92377.896.361.28352.81335.475.17
Clothing and footwear8.60241.68205.1617.808.01233.53199.1617.269.48252.06212.8018.45
Housing, Water, Elec., Gas & other fuels23.63240.15177.5135.2927.03246.77172.9542.6818.49225.54187.5820.24
Furnishing & HH equipment maintenance4.10268.30238.8112.354.09258.39233.0110.894.10283.21247.5514.41
Health2.79244.56204.1019.832.31247.37203.2221.733.51241.78204.9717.96
Transport5.91308.23279.2410.386.14303.14279.528.455.56316.71278.7713.61
Communication2.21134.52118.3313.692.35138.28123.0712.361.99127.84109.8816.35
Recreation and culture1.59269.00244.609.981.73255.02235.578.261.38295.53261.7312.91
Education3.79199.58172.2615.864.88194.55171.6513.342.13216.95174.3724.42
Restaurants and hotels6.92266.53238.2211.887.41263.73240.119.846.19271.58234.8115.66
Misc. goods and services4.87284.93249.1214.384.77277.61246.4612.645.02295.45252.9316.81
  • Top few commodities which varied from corresponding month of previous year i.e. June, 2023 are given below:

URBAN:

FOOD

Increased: Onions (98.40%), Tomatoes (68.35%), Condiments and Spices (42.11%), Fresh Vegetables (38.08%), Fish (30.38%), Beans (28.68%), Pulse Mash (24.32%), Dry Fruits (21.99%), Meat (19.67%), Beverages (19.38%), Pulse Gram (17.54%), Milk Powder (17.54%), Sugar (15.49%), Pulse Masoor (14.14%) and Sweetmeat (14.02%).

Decreased: Wheat (30.61%), Wheat Flour (29.06%), Chicken (21.16%), Cooking Oil (16.47%), Vegetable Ghee (14.25%), Fresh Fruits (13.24%), Mustard Oil (11.91%), Wheat Products (4.78%), Rice (2.46%) and Tea (1.86%).

NON-FOOD:

Increased: Gas Charges (318.74%), Electricity Charges (66.81%), Transport Services (35.32%), Dental Services (31.39%), Woolen Readymade Garments (23.44%), Cotton Cloth (23.36%), Marriage Hall Charges (22.20%), Doctor (MBBS) Clinic Fee (20.66%), Footwear (19.71%) and Hospitals Services (19.24%). Decreased: Liquified Hydrocarbons (3.53%).

RURAL:

FOOD

Increased: Onions (115.27%), Tomatoes (58.36%), Fresh Vegetables (42.95%), Beans (35.49%), Butter (24.81%), Fish (22.90%), Beverages (20.45%), Meat (20.43%), Pulse Mash (20.06%), Dry Fruits (17.77%), Sweetmeat (17.28%), Sugar (16.79%), Pan Prepared (16.77%), Nimco (16.50%), Pulse Gram (15.35%), Milk Products (14.94%), Milk Powder (14.73%), Pulse Masoor (14.70%) and Potatoes (14.68%).

Decreased: Wheat (29.98%), Wheat Flour (27.75%), Chicken (20.43%), Cooking Oil (16.00%), Vegetable Ghee (13.35%), Fresh Fruits (11.63%), Mustard Oil (7.91%), Wheat Products (2.81%), Eggs (1.17%), Gram Whole (0.83%) and Rice (0.49%).

NON-FOOD 

Increased: Electricity Charges (66.81%), Transport Services (48.48%), Woolen Readymade Garments (38.42%), Water Supply (31.65%), Education (24.42%) and Marriage Hall Charges (23.75%).

PERIOD – AVERAGE INFLATION RATE [Jul-June, 2023-24 over Jul-June, 2022-23]

6. CPI National for the period Jul-June (2023-24) increased to 23.41 over Jul-June  (2022-23). The Urban CPI recorded an increase of 24.12% while Rural CPI recorded an increase of 22.41%.

GroupNATIONAL URBAN RURAL 
Weight (%)INDICESChange (%)Weight (%)INDICESChange (%)Weight (%)INDICESChange (%)
Jul-June 2023-24Jul-June 2022-23Jul-June 2023-24Jul-June 2022-23Jul-June 2023-24Jul-June 2022-23
General100.00252.66204.7323.41100.00247.49199.3924.12100.00260.46212.7822.41
Food & non-alcoholic Beverages34.58279.39231.3420.7730.42274.62226.7621.1140.87284.74236.4920.40
Non-perishable food items29.60280.92231.7621.2125.97276.35227.0521.7135.08286.04237.0320.67
Perishable food items4.99270.26228.8318.114.46264.55225.0517.555.79276.90233.2218.73
Alcoholic Beverages, Tobacco1.02364.62248.8346.530.85385.47265.2845.311.28343.59232.2347.95
Clothing and footwear8.60223.40187.0619.438.01215.01183.7517.019.48234.09191.2722.38
Housing, Water, Elec., Gas & other fuels23.63222.70172.1429.3827.03225.00167.9333.9818.49217.64181.4219.96
Furnishing & HH equipment maintenance4.10259.25202.7027.904.09251.32199.4226.024.10271.18207.6330.61
Health2.79230.67189.6021.662.31231.37188.0523.043.51229.97191.1420.32
Transport5.91310.19259.7219.436.14304.37260.2316.965.56319.89258.8823.57
Communication2.21127.17114.0011.552.35131.50117.2412.161.99119.46108.2410.37
Recreation and culture1.59256.80191.5834.041.73246.38185.1633.061.38276.57203.7735.73
Education3.79186.64165.1713.004.88185.90166.8311.432.13189.20159.4418.66
Restaurants and hotels6.92259.45206.9925.347.41258.87207.6824.656.19260.48205.7526.60
Misc. goods and services4.87270.83212.4327.494.77266.00210.9626.095.02277.77214.5529.47