The Department of Economics & Statistics, Thiruvananthapuram, has officially released the Consumer Price Index (CPI) Numbers for Agricultural Labourers and Industrial Workers for the month of October 2023. The announcement was made through the department’s official communication dated December 7, 2023.
As per previous Government Orders of the Labour and Skills (E) Department, Government of Kerala, published in the Kerala Gazette extraordinary these Consumer Price Index (CPI) Numbers are applicable to employees in employment under the Minimum Wages Act, 1948.
The Director General of Economics & Statistics, ascertained the CPI Numbers for the month of October 2023 under the Minimum Wages Act. These numbers are crucial for determining the Cost of Living Index for employees covered by the Act.
The release of the Consumer Price Index is a vital tool for policymakers, businesses, and the general public, providing insights into the changing economic landscape and its impact on the cost of living for agricultural labourers and industrial workers.
The official statement is dated December 7, 2023, and stakeholders are urged to access the detailed report for further analysis and reference.