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7th CPC AICPIN

AICPIN Statistical Report for June 2019

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AICPIN Statistical Report for June 2019

All India Consumer Price Index data for the month of June, 2019 will be released today by the Labour Bureau.

Consumer Price Index for Industrial Workers Base Year 2001-100 (AICPIN) is an important factor to determine the Dearness allowance for Central Government employees and Pensioners.

Dearness allowance is granting twice in a year to all Central Government employees and Pensioners including Defence and Railways. First installment of additional Dearness allowance is sanctioned from January to June and the second installment from July to December every year.

The below table describe the percentage of Dearness allowance granted as installments…

Click to read continue…

AICPIN for June 2019 – ‘Expected DA July 2019’ journey is over!

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AICPIN for June 2019 – ‘Expected DA July 2019’ journey is over!

AICPIN FOR THE MONTH OF JUNE 2019

6 MONTHS’ STORY OF ‘EXPECTED DA JULY 2019’ COMES TO AN END!

All India Consumer Price Index (AICPIN) for the month of June 2019 will be released on 31.7.2019 by the Labour Bureau under Ministry of Labour and Employment.

7th CPC DA Calculation: There was no change in the calculation method of Dearness allowance after implementation of 7th Pay Commission with effect from 1.1.2016. The 12 months’ average factor only changed. In 6th CPC the average factor was 115.76 and now the factor is 261.42.

The new formula is given below…

Percentage of Dearness Allowance = (Average of AICPN for last 12 months) – 261.42 x 100 / 261.42.

Labour Bureau already released the CPI (IW) numbers for five months from January 2019 to May 2019. One more month data need to complete the calculation of additional DA percentage from July 2019.

After releasing the AICPIN for the month of June 2019, the DA will be finalized!

The below table shows the current scenario…!

Click to read continue…

AICPIN for the Month of Sep 2018

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AICPIN for the Month of September 2018

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004

Dated: 31st October, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — September, 2018 The All-India CPI-IW for September, 2018 remained stationary at 301 (three hundred and one).

On 1-month percentage change, it remained static between August, 2018 and September, 2018 and it was also static between the corresponding months of previous year.

The maximum downward pressure to the change in current index came from Food group contributing (-) 0.75 percentage points to the total change. At item level, Groundnut Oil, Eggs (Hen), Fish Fresh, Poultry (Chicken), Onion, French Beans, Gourd, Lady Finger, Potato, Tomato, Apple, Coconut, Sugar, etc. are responsible for the decrease in index.

However, this decrease was checked by Rice, Wheat, Wheat Atta, Cauliflower, Peas, Banana, Tea (Ready made), Electricity Charges, Doctor’s Fee, Bus Fare, Petrol, Flowers/Flower Garlands, etc., putting upward pressure on the index.

The year-on-year inflation based on CPI-IW remained stationary at 5.61 per cent between August and September, 2018 as compared to 2.89 per cent during the corresponding month of the previous year.

Similarly, the Food inflation stood at 0.00 per cent against (-) 0.32 per cent of the previous month and 1.30 per cent during the corresponding month of the previous year.

At centre level Puducherry reported the maximum decrease of 9 points followed by Goa (7 points). Among others, 5 points decrease was observed in 3 centres, 3 points in 4 centres, 2 points in 3 centres and 1 point in 11 centres. On the contrary, Jharia recorded a maximum increase of 6 points followed by Nagpur (5 points).

Among others, 4 points increase was observed in 2 centres, 3 points in 2 centres, 2 points in 11 centres and 1 point in 14 centres. Rest of the 24 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and 41 centres’ indices are below national average.

The next issue of CPI-IW for the month of October, 2018 will be released on Friday, 30th November, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

Source: Labour Bureau

Expected Bank DA from Nov 2018 Calculator

AICPIN for the month of June 2018

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AICPIN for the month of June 2018

Consumer Price Index for Industrial Workers (CPI-1W) — June, 2018

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
Dated: 31st July, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-1W) — June, 2018

The All-India CPI-IW for June, 2018 increased by 2 points and pegged at 291 (two hundred and ninety one). On 1-month percentage change, it increased by (+) 0.69 per cent between May, 2018 and June, 2018 when compared with the increase of (+) 0.72 per cent between the corresponding months of previous year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.86 percentage points to the total change. At item level, Rice, Fish Fresh, Eggs (Hen), Onion, Brinjal, Cabbage, Cauliflower, French Bean, Gourd, Potato, Tomato, Sugar, Electricity Charges, Doctor’s Fee.

Medicine (Allopathic), Sercondary School Fee, Petrol, etc. are responsible for the increase in index. However, this increase was checked by Groundnut Oil, Banana, Coconut, Lemon, Mango (Ripe), Parval, Primary School Fee, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 3.93 per cent for June, 2018 as compared to 3.96 per cent for the previous month and 1.08 per cent during the corresponding month of the previous year.

Similarly, the Food inflation stood at 0.97 per cent against 1.66 per cent of the previous month and (-) 1.28 per cent during the corresponding month of the previous year.

At centre level Quilon reported the maximum increase of 10 points followed by Jharia (7 points) and Rourkela (6 points). Among others, 5 points increase was observed in 4 centres, 4 points in 10 centres, 3 points in 12 centres, 2 points in 16 centres and 1 point in 18 centres.

On the contrary, Darjeeling recorded a maximum decrease of 2 points followed by Hyderabad with 1 point. Rest of the 13 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and 39 centres’ indices are below national average. The indices of Jalandhar and Jabalpur centres remained at par with All-India Index.

The next issue of CPI-IW for the month of July, 2018 will be released on Friday, 31st August, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

sd/-
(AMRIFLAL JANGID)
DEPUTY DIRECTOR

Authority: http://labourbureaunew.gov.in/

CPI (IW) for March 2018 – Press Release

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Consumer Price Index for Industrial Workers (CPI-IW) for March 2018 – Press Release

The Consumer Price Index for Industrial Workers (CPI-IW) is an important statistical/economic indicator.

It was first introduced on scientific lines with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres.

The series was then, updated on base 1982=100 and a revision in 1999-2000 has further updated the base on 2001=100. The current series of CPI-IW with base year 2001=100 covers 78 industrially important centres spread across the country.

The Labour Bureau has published the press release the index for the month of March 2018, and the press release in Hindi and English are given below for your ready reference…

Check AICPIN Data Chart from 1969 to 2018

Consumer Price Index for Industrial Workers (CPI-IW) – February 2018

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Consumer Price Index for Industrial Workers (CPI-IW) – February 2018

Expected DA Calculator for July 2018 – Click to Calculate

Press Release of All India Consumer Price Index for the month of February 2018 has been released by Labour Bureau on 28.3.2018. The index decreased by one point and stands at 287.

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 28th March, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — February, 2018

The All-India CPI-IW for February, 2018 decreased by 1 point and pegged at 287 (two hundred and eighty seven). On 1-month percentage change, it decreased by (-) 0.35 per cent between January and February, 2018 which was static between the two months a year back.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.87 points to the total change.

At item level, Wheat & Wheat Atta, Gram Dal, Groundnut Oil, Egg (hen), Poultry (Chicken), Pure Ghee, Garlic, Onion, Brinjal, Cabbage Carrot, Cauliflower, Palak, Peas, Tomato, Sugar, Flowers/Flower Garlands. etc. are responsible for the decrease in index.

However, this decrease was checked by Rice, Goat Meat, Apple, Banana, Coconut, Tea Leaf, Bidi, Cigraette, Electricity Charges, Kerosene Oil, Medicine (Allopathic), Cinema Charges, Bus Fare, Petrol, Repair Charges, Hair Oil, Hand Bag/Brief Case, Tailoring Charges, etc., putting upward pressure on the index.

The year-on-year inflation unmeasured by monthly CPI-IW stood at 4.74 per cent for February, 2018 as compared to 5.11 per cent for the previous month and 2.62 per cent during the corresponding month of the previous year.

Similarly, the food inflation stood at 2.36 per cent against 3.36 per of the previous month and 1.71 per cent during the corresponding month of the previous year.

At centre level, Bokaro reported the maximum decrease of 5 points followed by Mumbai (4 points). Among others, 3 points decrease was observed in 16 centers, 2 points in 14 centres and 1 point in 16 centres.

On the contrary, Coimbatore and Jamshedpur recorded a maximum increase of 4 points each followed by Lucknow, Goa and Chennai (3 points each). Among others, 2 points increase was observed in 3 centres and 1 point in 4 centres. Rest or the 18 centres indices remained stationary.

The indices of 38 centres are above All-India Index and 37 centers’ indices are below national average. The index of Varanasi, Bengaluru and Chandigarh centres remairæd at par with All-India Index.

The next issue of CPI-IW for the month of March, 2018 will released on Friday 27th April, 2018. The same will also be available the on the office website www.labourbureaunew.gov.in.

sd/-
(AMRIT LAL JANGID)
DEPUTY DIRECTOR

Authority: http://labourbureaunew.gov.in/