All India Consumer Price Index number for Industrial Workers AICPIN-IW for the Month of June 2020
As per the press release of Labour Bureau, the AICPIN for the month of June 2020 is released today on 31.7.2020. It increased by 2 Points and stood at 330. Now the calculations for Expected DA from January 2021 will start.
The AICPIN for the month of May 2020 increased by 1 point and stood at 330. Only one month AICPIN for Industrial Workers was left to calculate the exact hike in the DA from July 2020. That is for the month of June 2020. Now it is released and AICPIN for June increased by 2 Points and stood at 332. So the increase in DA from July 2020 is now confirmed and July 2020 DA will increase by 3% and total DA to be paid from 1st July 2020 will be 24%[ Check the July 2020 DA calculator]
Considering the AICPIN trend of the past few months, this June 2020 AICPIN will not impact much on expected DA from July 2020. But it does impact on Expected DA from January 2021[ Check the January 2021 DA calculator]
Expected DA from January 2021
The impact of the AICPIN for June 2020 on Expected DA from January 2021 cannot be ignored as this is the sixth month AICPIN for calculating 12 Month Average. It will be a deciding factor to determine the trend of the Consumer Price Index Graph for coming Months.
It appears that AICPIN will be having positive trend till December 2020, Since the AICPIN for June increased by 2 Points and pegged at 332. If this trend continues, then Expected DA from July 2021 may have an increase up to 3 to 5%
AICPIN for June 2020
The Labour Bureau has released AICPIN Consumer Price Index for Industrial Workers for June 2020 today. The All-India CPI-IW for June, 2020 increased by 2 points and stood at 332 (three hundred and thirty two)[ See the press release for AICPIN for June 2020]
AICPIN for May 2020
The Consumer Price Index Number for the month of May, 2020 is released in this Labour Bureau press release, according to this press release AICPIN for the Month of May 2020 increased 1 point
AICPIN for April 2020
All India Consumer Price Index Numbers for Industrial Workers (AICPIN) for the month of April 2020 increased 3 Points and stood at 329.
AICPIN-IW for the Month of March 2020
AICPIN for Industrial Workers for the Month of March 2020 is released by labour bureau. According to its Press Release dated 30th April 2020, the AICPIN for March 2020 decreased by 2 points and stood at 326
AICPIN for the Month of February 2020
The All-India CPI IW for February, 2020 decreased by two points and stood at 328 (three hundred and twenty eight). On 1-month percentage change, it went down by (-) 0.61 per cent between January and February, 2020 whereas no change was observed between corresponding months of previous year
All India CPI Number for January 2020
The All-India CPI-IW for January, 2020 remained stationary at 330 On 1-month percentage change, it showed no change between December, 2019 and January, 2020
Check this : Expeced DA Calculator from January 2021