AICPIN for the month of November 2019 is increased to 328 from the existing level of 325

AICPIN for the month of November 2019

According to a press release issued by the Labor Office on 31.12.2019, the AICPIN (Consumer Price Index for Industrial Workers by 2001=100) for the month of November 2019 has been raised to 328 from the current level of 325.

No.5/1/2019-CPI
Government of India
Ministry of Labour & Employment
Labour Bureau

‘Claremont’, Shimla-171004
Dated: 31st December 2019

Press Release

Consumer Price Index for Industrial Workers (CPI-1W) – November, 2019

The All-India CPI-IW for November, 2019 increased by 3 points and pegged at 328 (three hundred and twenty eight). On 1-month percentage change, it increased by (+) 0.92 per cent between October and November, 2019 whereas no change observed during corresponding months of last year.
The maximum upward pressure to the change in current index came from Food group contributing (+) 1.98 percentage points to the total change. At item level, Rice, Arhar Dal, Moong DaI, Urd Dal, Goat Meat, Poultry Chicken, Milk Cow, Garlic, Onion, Cabbage, Carrot, Green Coriander Leaves, Lady Finger, Potato, Hot Drink- Tea Readymade, Cooking Gas, Fire Wood. Etc. are responsible to the increase in index.

Also check: Expected DA Table January 2020 Calculation for Central Government Employees

However, this increase was checked by Fish Fresh, Chillies Green, Ginger, Banana, Cauliflower, Coconut, French Beans, Gourd, Lemon, Orange, Peas, Radish, Tomato, Electricity Charges, Toilet Soap, etc., putting downward pressure on the index. Year-on-year inflation based on all-items stood at 8.61 per cent for November, 2019 as compared to 7.62 per cent for the previous month and 4.86 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 9.87 per cent against 8.60 per cent of the previous month and (-) 1.57 per cent during the corresponding month of an year ago.

At centre level, Rourkela observed the maximum increase of 14 points followed by Kodarma (12 points), Madurai (9 points) and Salem (8 points). Among others, 7 points increase was observed in 3 centres, 6 points in 4 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 10 centres, 2 points in 11 centres and 1 point in 15 centres. On the contrary, Chhindwara and Kanpur recorded a maximum decrease of 3 points each followed by Ahmedabad and Jaipur (2 points each). Other 4 centres observed a fall in index by 1 point. Rest of 10 centres’ indices remained stationary. The indices of 31 centres are above All-India Index and 46 centres’ indices are below national average. The index of Warangal centre remained at par with All-India Index.

The next issue of CPI-IW the month of December, 2019 will be released on Friday 31st January. 2020. The same will also be available on the office website www.labourbureaunew.gov.in.

sd/-
(AMRID LAL JANGID)
DEPUTY DIRECTOR

Also check: Expected DA January 2020 – Expected to increase by 4% from 17% to 21%

According to the advance calendar, the statistics of the All India Consumer Price Index (AICPI) for the month of November 2019 may be published by the Labor Office on 31 December 2019. The table below shows the date of publication of AICPIN in advance.

DA Calculation January 2020

The index is an important element in the calculation of the percentage of the Dearness Allowance (DA) for government employees with effect from 1.1.2020.

In order to finalize the additional percentage of the Dearness Allowance (DA and DR) from January 2020 for CG employees and pensioners, AICPIN for 6 months from July to December 2019 is required. The data for the 5th month of November was released on 31.12.2019.