No.5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 29th December, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2017

The All-India CPI-IW for November, 2017 increased by 1 point and pegged at 288 (two hundred and eighty eight). On 1-month percentage change, it increased by (+) 0.35 per cent between October, 2017 and November, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.10 percentage points to the total change. At item level, Wheat Atta, Eggs (Hen), Goat Meat, Milk (Cow), Onion, Tamarind, Bitter Gourd, Cabbage, Carrot, Coconut, Potato, Tomato, Cooking Gas, Electricity Charges, Firewood, Kerosene Oil, Private Tuition Fee, Petrol, Barber Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Fish Fresh, Poultry (Chicken), Chillies Green, Garlic, Ginger, Brinjal, Cauliflower, French Bean, Green Coriander Leaves, Methi, Palak, Radish, Apple, Banana, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month and 2.59 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.91 per cent against 2.26 per cent of the previous month and 1.66 per cent during the corresponding month of the previous year.

At centre level, Giridih reported the maximum increase of (7 points) followed by Salem and Puducherry (6 points each) and Rourkela, Sholapur, Mercara and Ghaziabad (5 points each). Among others, 4 points increase was observed in 5 centres, 3 points in 16 centres, 2 points in 13 centres and 1 point in 12 centres. On the contrary, Kolkata recorded a maximum decrease of 3 points followed by Munger-Jamalpur, Amritsar, Chandigarh and Doom Dooma Tinsukia (2 points each). Among others, 1 point decrease was observed in 7 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and 42 centres indices are below national average. The indices of Vishakhapathnam and Ghaziabad centres remained at par with All-India Index.

The next issue of CPI-IW for the month of December, 2017 will be released on Wednesday, 31st January, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRITLALJANGID)
DEPUTY DIRECTOR

PIB

The post AICPIN for the Month of November 2017 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

AICPIN for the Month of September 2017

No.5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 31st October, 2017

Press Release

 Consumer Price Index for Industrial Workers (CPI-IW) – September, 2017

The All-India CPI-IW for September, 2017 remained stationary at 285 (two hundred and eighty five). On 1-month percentage change, it remained static between August, 2017 and September, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.26 percentage points to the total change. At item level, Fish Fresh, Onion, Bitter Gourd, Brinjal, Carrot, Gourd, Lady’s Finger, Potato, Tomato, Torai, Cucumber, Apple, Banana, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat Atta, Arhar Dal, Coconut Oil, Poultry (Chicken), Chillies Green, Cauliflower, Green Coriander Leaves, Peas, Coconut, Bidi, Cigarette, Cooking Gas, Petrol, Tailoring Charges, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.89 per cent for September, 2017 as compared to 2.52 per cent for the previous month and 4.14 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 1.30 per cent against (+) 1.61 per cent of the previous month and 4.05 per cent during the corresponding month of the previous year.

At centre level, Tiruchirapally, Varanasi, Lucknow, Quilon and Salem reported the maximum decrease of 4 points each followed by Giridih, Bhilwara, Raniganj, Bengaluru, Faridabad, Vishakhapathnam, Jamshedpur and Haldia (3 points each). Among others, 2 points decrease was observed in 12 centres and 1 point in 18 centres. On the contrary, Tripura recorded a maximum increase of 7 points followed by Bhilai (6 points), Siliguri and Doom-Dooma Tinsukia (5 points each). Among others, 4 points increase was observed in 2 centres, 3 points in 2 centres, 2 points in 4 centres and 1 point in 10 centres. Rest of the 13 centres indices remained stationary.

The indices of 44 centres are below All-India Index and 33 centres indices are above national average. The index of Tiruchirapally centre remained at par with All-India Index. The next issue of CPI-IW for the month of October, 2017 will be released on Thursday, 30th November, 2017. The same will also be available on the office website WWW. labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

PIB

The post Expected DA From Jan 2018 – AICPIN for the Month of September 2017 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

We have calculated the expected DA from January 2018 with different Scenarios, but most of the calculations comes around only 3 percent increase, lets us see the scenarios here

Scenario 1

In case the AICPIN value increase by 3 point for next FIVE months (example AUG 288, SEP 291, OCT 294, NOV 297, DEC 300,), then DA would be 3% (8.81-5 =3)

Scenario 2

In case the AICPIN value increase by 3 point for next FIVE months (example AUG 289, SEP 293, OCT 297, NOV 301, DEC 305) then DA would be 4% (9.28-5 =4)

The post Expected DA from January 2018 – DA would be 3% ? appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Consumer Price Index for Industrial Workers (CPI-IW) – July 2017

The All India CPI-IW for July, 2017 increased by 5 points and pegged at 285.

The Index increased by 1.79% between June, 2017 and July, 2017 when compared with the increase of 1.08% for the corresponding months of last year.

The post Expected DA from January 2018 – AICPIN for the month of July 2017, 5 Points Increased (285) appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.