SF Prep Notes

CPI-AL and CPI-RL inflation at 6.36% and 6.39% in September 2024

On 22 October 2024, in India, the Labour Bureau's data showed year-on-year inflation based on CPI-AL and CPI-RL at 6.36% and 6.39% for September 2024.

Summary

On 22 October 2024, in India, the All-India Consumer Price Index numbers for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for September 2024 were released. On base 1986-87=100, both indices rose by 7 points to 1304 (CPI-AL) and 1316 (CPI-RL). Year-on-year inflation was 6.36% (CPI-AL) and 6.39% (CPI-RL), compared with 6.70% and 6.55% in September 2023; the August 2024 figures were 5.96% and 6.08%.

Key facts

Released
22 Oct 2024
Month
September 2024
Base
1986-87=100
Index levels
CPI-AL 1304; CPI-RL 1316 (up 7 points each)
Inflation
CPI-AL 6.36%; CPI-RL 6.39%
Sept 2023
6.70% and 6.55%
Aug 2024
5.96% and 6.08%

Practice MCQs 2 questions

Q1 Advanced

What is the base year of the All-India CPI for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL), as given in the September 2024 release?

Show answer

Correct answer: D — 1986-87=100

PIB, 22 Oct 2024: CPI-AL and CPI-RL (Base: 1986-87=100).

Q2 Advanced

What was the year-on-year inflation rate based on CPI-AL for September 2024?

Show answer

Correct answer: A — 6.36%

PIB, 22 Oct 2024: CPI-AL 6.36% and CPI-RL 6.39% in September 2024; 6.70% was CPI-AL in September 2023 and 5.96% was CPI-AL in August 2024.

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