AICPIN for April 2016 towards Expected DA from July 2016
Labour bureau today released the AICPIN for the Month of April 2016. The All-India CPI-IW for April, 2016 increased by 3 points and pegged at 271. So the expected DA from July 2016 can be calculated approximately. See the article published in this Website
No. 5/112016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st May, 2016
Consumer Price Index for Industrial Workers (CPI-IW) — April, 2016
The All-India CPI-IW for April, 2016 increased by 3 points and pegged at 271 (two hundred and seventy one). On 1-month percentage change, it increased by (+) 1.12 per cent between March, 2016 and April, 2016 when compared with the increase of (+) 0.79 per cent between the same two months a year ago.
The maximum upward pressure to the change in current index came from Food group contributing (+) 2.65 percentage points to the total change. At item level, Wheat, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Poultry (Chicken), Milk, Chillies Dry, Chillies Green, Potato, Tomato, Seasonal Vegetables and Fruits. Tea (Readymade), Sugar, Doctors’ Fee, Petrol, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Rice, Fish Fresh, Garlic, Onion, Soft Coke, Flower/Flower Garlands, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 5.86 per cent for April, 2016 as compared to 5.51 per cent for the previous month and 5.79 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.55 per cent against 6.16 per cent of the previous month and 5.30 per cent during the corresponding month of the previous year.
At centre level, Rourkela reported the maximum increase of 10 points followed by Goa (8 points), Angul-Talcher, Rangapara-Tezpur, Warrangai, Sholapur and Varanasi (7 points each). Among others, 6 points increase was observed in 3 centres, 5 points in 10 centres, 4 points in 15 centres, 3 points in 11 centres, 2 points in 11 centres and 1 point in 11 centres. On the contrary, Quilon recorded a maximum decrease of 5 points followed by Madurai (3 points), Salem and Rajkot (2 points each) and Tiruchirapally and Ghaziabad (1 point each). Rest of the 4 centres’ indices remained stationary.
The indices of 35 centres are above All-India Index and other 41 centres’ indices are below national average. The indices of Vishakhapatnam and Ludhiana centres remained at par with All-India Index.
The next issue of CPI-IW for the month of May, 2016 will be released on Thursday, 30th June, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.
Source : Labour Bureau