All India Consumer Price Index Numbers for Industrial Workers – CPI(IW) for November 2017 Increased by one point from 287 points to 288 points.

The DA as on November 2017 is 7.21 %. The Consumer Price Index Numbers for December is expected on Wednesday 31st January 2018, even if the CPI reduces or increase by 5 points , the DA for the January 2018 will remain at 7% . That means increase of 2% DA is assured.

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Consumer Price Index for Industrial Workers (CPI-IW) – May, 2014

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: the 30th June, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – May, 2014

The All-India CPI-IW for May, 2014 increased by 2 points and pegged at 244 (two hundred and forty four). On 1-month percentage change, it increased by 0.83 per cent between April, 2014 and May, 2014 when compared with the rise of 0.88 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 1.65 percentage points to the total change. At item level, Rice, Coconut Oil, Fish Fresh, Poultry, Milk, Onion, Vegetables & Fruits, Sugar, Cigarette, Electricity Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Petrol putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 7.02 per cent for May, 2014 as compared to 7.08 per cent for the previous month and 10.68 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.66 per cent against 7.76 per cent of the previous month and 13.24 per cent during the corresponding month of the previous year.

At centre level, Coimbatore recorded the maximum increase of 9 points followed by Bhavnagar (7 points) and Amritsar, Mercara and Tiruchirapally (6 points each). Among others, 5 points rise was registered in 7 centres, 4 points in 11 centres, 3 points in 13 centres, 2 points in 11 centres and 1 point in 10 centres. On the contrary, a decline of 5 points was reported in Giridih, 4 points in Chhindwara, 3 points in 2 centres, 2 points in 1 centre and I point in 7 centres. Indices of remaining 9 centres observed no change.

The indices of 35 centres are above and other 41 centres are below national average. The index of Vishakhapathnam and Chandigarh is at par with all-India index.

The next index of CPI-1W for the month of June, 2014 will be released on Thursday, 31 July, 2014. The same will also be available on the office website www.labourbureau.gov. in.

sd/-
(S.S.NEGI)
DIRECTOR

Source: www.labourbureau.nic.in

The post Press Release of AICPIN for May 2014 – 2 Points increased and stood at 244 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

 All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237

The post AICPIN for Jan 2014 – Expected DA from Jul 2014 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

The CPI-IW series on scientific lines was first introduced 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 centers spread across the country.

The current series of CPI-IW with base 2001=100 was constructed on the basis of employment data in seven sectors namely, Registered Factories, Mining, Plantations, Ports & Docks, Public Motor Transport, Electricity Generation & Distribution Establishments and Railways sector. The current series comprises of a basket of about 370 items and 289 price collection markets spread across 78 centres of the country. In the existing series, the Working Class Family Income & Expenditure Survey was conducted during 1998-99 by the NSSO and a sample size of 41040 family budget schedules and 15960 house rent schedules (i.e. about a total of 57000 schedules) were canvassed from 78 industrially important centres of the country. The price collection work was done by the Labour Bureau and the main survey work of income & expenditure data collection was conducted by NSSO.

In line with the recommendations of Index Review Committee (IRC), the possibilities of extending the  scope of the new series to two more additional sectors i.e. Handloom and Construction sectors are being considered. However, Labour Bureau expects an increase in the number of centres from existing 78 centres to around 88-95 centres approximately. Consequently, the total number of family budget enquiry schedules and house rent schedules to be canvassed would increase to 70,000 schedules approximately.

Source: http://90paisa.blogspot.in/2013/12/consumer-price-index-numbers-for.html

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