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Retail inflation for factory workers in India rises to 11pc

Retail inflation for industrial workers rose to 11.06 percent in October compared to 10.7 percent in the previous month mainly on account of rise in price of food items and higher electricity charges. "The year on year inflation measured by monthly Consumer Price Index for Industrial Workers (CPI-IW) stood at 11.06 percent for October as compared to 10.7 percent for the previous month and 9.6 percent during the corresponding month of previous year," a Labour Ministry statement said.