The Directorate of Economics and Statistics, Mizoram, regularly gathers wholesale and retail price data from all district headquarters to monitor market conditions. For March 2024, the Central Statistics Office reported an annual inflation rate of 2.95% in Mizoram, notably lower than the all-India rate of 4.85%. This notification was published on May 10, 2024.
Retail price data for 136 food and 189 non-food items is compiled monthly, with the Consumer Price Index (CPI) based on the 2012 base year. In March 2024, the CPI for general items stood at 184.9. Key areas showed varied trends: food and beverages saw a 4.51% inflation rate, while fuel and light prices decreased significantly by 10.34%.
The basic minimum wages adjusted for inflation are Rs. 356.86 for unskilled labor and Rs. 397.54 for semi-skilled labor, reflecting changes in the cost of living.
