Index Numbers: Consumer Price Indices- II

index-numbers-consumer-price-indices-ii

  1. II.            CPI for Industrial Workers [CPI (IW)]
    1. a.      The consumer price indices for industrial workers [CPI (IW)] with the original base of 1960 was having as its ‘source of weights’ a Family Living Survey (FLS) that was conducted during 1958-59 in 50 selected centres. A second FLS was conducted in 1981-82 in 70 centres; which enabled the revision of the services to 1982 base. The current series of CPI (IW) is prepared with Base: 1982=100.

 

  1. III.            Consumer Price Indices for Agricultural and Rural Labourers
    1. The Labour Bureau has been compiling and publishing Consumer Price Index Numbers for Agricultural Labourers [CPI (AL)] since September, 1964 on base 1960-61=100. This old series of index numbers was updated to new base 1986-87 with enlarged coverage and enhanced sample size w.e.f. November, 1995. While the old series was being compiled for Agricultural Labourers alone, in the new Series (Base 1986-87=100) two separate indices are compiled for Rural Labourers [CPI (RL)] and Agricultural Labourers [CPI (AL)]. The rural retail prices for these two index numbers are the same, but the weighting diagrams for each of the two series are different.
    2. For the construction for [CPI (RL)] (Base 1986-87=100), rural retail price data from a fixed set of 600 representatives sample villages spread over 66 NSS regions in 20 States are collected every month by NSSO since July 1986.
    3.  The weights for all the 20 States and all-India have been derived from the results of the consumer expenditure survey conducted by National Sample Survey Organisation (NSSO) during its Thirty Eight (38th) Round held in 1983. The Survey recorded the consumer expenditure on a wide range of goods and services, which have been categorised into the following five groups:
                                                                    i.      Food,
                                                                  ii.      Pan, Supari, Tobacco and Intoxicants,
                                                                iii.      Fuel and Light,
                                                                 iv.      Clothing, bedding and footwear, and
                                                                   v.      Miscellaneous.

     

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Index Numbers: Consumer Price Indices- I

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