100 % DA WEF JAN 2014 LOOKS REAL
Month Index DA
Jul-13 235 92.28 %
Aug-13 237 93.94%
Sep- 13 238 95.59
Oct-13 241 97.32
Nov-13 243 99.12
Dec-12 239 100.56
All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239
| Consumer Price Index Numbers for Industrial Workers (CPI-IW) October
2013 |
According to a press release issued by the Labour Bureau, Ministry of
Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points
and pegged at 241 (two hundred and forty one). On 1-month percentage change, it
increased by 1.26 per cent between September and October compared with 0.93 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 2.53 percentage
points to the total change. At item level, Rice, Wheat Atta, Fish Fresh, Goat
Meat, Milk (Cow & Buffalo), Pure Ghee, Onion, Vegetable items, Tea
Readymade, Electricity Charges, etc.. are responsible for the rise in index.
However, this was compensated to some extent by Groundnut Oil, Ginger, Petrol,
putting downward pressure on the index.
The year-on-year inflation
measured by monthly CPI-IW stood at 11.06 per cent for October, 2013 as compared
to 10.70 per cent for the previous month and 9.60 per cent during the
corresponding month of the previous year. Similarly, the Food inflation stood at
15.02 per cent against 13.36 per cent of the previous month and 9.91 per cent
during the corresponding month of the previous year.
At centre level,
Bhavnagar recorded the highest increase of 9 points each followed by Ahmedabad,
Labac Silchar and Kodarma (8 points each) and Vadodara and Surat (7 point each).
Among others, 6 points rise was registered in 8 centres, 5 points in 10 centres,
4 points in 8 centres, 3 points in 9 centres, 2 points in 10 centres and 1 point
in 11 centres. On the contrary, Belgaum and Chhindwada centres reported a
decline of 3 points each followed by Mercara (2 points) and Salem, Hubli Dharwar
and Puducherry (1 point each). Rest of the 15 centres’ indices remained
stationary.
The indices of 39 centres are above All-India Index and
other 38 centres’ indices are below national average.
The next index of
CPI-IW for the month of November, 2013 will be released on Tuesday, 31 December,
2013. The same will also be available on the office website
www.labourbureau.gov.in. |
Consumer Price Index Numbers for Industrial Workers (CPI-IW) September 2013
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for September, 2013 rose by 1 points and pegged at 238 (two hundred and thirty eight). On 1-month percentage change, it increased by 0.42 per cent between August and September compared with 0.47 per cent between the same two months a year ago.
The largest upward pressure to the change in current index came from Miscellaneous group contributing 0.44 percentage points to the total change. At item level, Arhar Dal, Goat Meat, Dairy Milk, Milk (Cow & Buffalo), Pure Ghee, Snack Saltish, Tea Leaves, Onion, Electricity Charges, Firewood, College Fee, Secondary School Fee, Petrol, Bus Fare, Tailoring Charges etc. are responsible for the rise in index. However, this was compensated to some extent by Wheat, Groundnut Oil, Mustard Oil, Poultry, Ginger, Vegetables and Fruit items, putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 10.70 per cent for September, 2013 as compared to 10.75 per cent for the previous month and 9.14 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.36 per cent against 13.91 per cent of the previous month and 11.00 per cent during the corresponding month of the previous year.
At centre level, Labac Sichar recorded the highest increase of 9 points each followed by Varanasi and Vishakhapattnam (7 points each) and Bhilwara, Tripura and Darjeeling (6 points each). Among others, 5 points rise was registered in 3 centres, 4 points in 2 centres, 3 points in 7 centres, 2 points in 14 centres and 1 point in 15 centres. On the contrary, Goa reported a decline of 8 points followed by Godavarikhani (7 points), Bhavnagar (5 points) and Nagpur and Ahmedabad (4 points each). Among others 3 point decline was observed in 2 centres 1 point in 6 centres. Rest of the 15 centres’ indices remained stationary.
The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Ajmer centre remained at par with all-India index.
The next index of CPI-IW for the month of October, 2013 will be released on Friday, 29 November, 2013. The same will also be available on the office website www.labourbureau.gov.in.
As per the recent publication of AICPIN value, DA
has reached the height of 93.94 % at present. During the coming four months, if
the AICPIN value increases by 1 point, there is a possibility of DA reaching
the 100 % mark. Likewise, if the average becomes 2 point, there is a chance of
reaching 101 % as DA. During the ensuing four months, based on the value
calculation of AICPIN, it would be possible to calculate DA accurately. Still,
there is maximum possibility of increase of DA by 11 %
EXPECTED DA FROM JAN 2014
IF AICPIN
RISE ONE POINTS IN THE BALANCE
MONTHS OF AICPIN…
Jun-13
|
231
|
2648
|
220.67
|
104.91
|
90.62
|
90
|
Jul-13
|
235
|
2671
|
222.58
|
106.82
|
92.28
|
|
Aug-13
|
237
|
2694
|
224.50
|
108.74
|
93.93
|
|
Sep-13
|
238
|
2717
|
226.42
|
110.66
|
95.59
|
|
Oct-13
|
239
|
2739
|
228.25
|
112.49
|
97.17
|
|
Nov-13
|
240
|
2761
|
230.08
|
114.32
|
98.76
|
|
Dec-13
|
241
|
2783
|
231.92
|
116.16
|
100.34
|
100 % DA
|
IF AICPIN
RISE TWO POINTS IN THE BALANCE
MONTHS OF
AICPIN…
Jun-13
|
231
|
2648
|
220.67
|
104.91
|
90.62
|
90
|
Jul-13
|
235
|
2671
|
222.58
|
106.82
|
92.28
|
|
Aug-13
|
237
|
2694
|
224.50
|
108.74
|
93.93
|
|
Sep-13
|
239
|
2718
|
226.50
|
110.74
|
95.66
|
|
Oct-13
|
241
|
2742
|
228.50
|
112.74
|
97.39
|
|
Nov-13
|
243
|
2767
|
230.58
|
114.82
|
99.19
|
|
Dec-13
|
245
|
2793
|
232.75
|
116.99
|
101.06
|
101 Expected DA
|
IF AICPIN
RISE THREE POINTS IN THE BALANCE
MONTHS OF AICPIN…
Jun-13
|
231
|
2648
|
220.67
|
104.91
|
90.62
|
90
|
Jul-13
|
235
|
2671
|
222.58
|
106.82
|
92.28
|
|
Aug-13
|
237
|
2694
|
224.50
|
108.74
|
93.93
|
|
Sep-13
|
240
|
2719
|
226.58
|
110.82
|
95.73
|
|
Oct-13
|
243
|
2745
|
228.75
|
112.99
|
97.60
|
|
Nov-13
|
246
|
2773
|
231.08
|
115.32
|
99.62
|
|
Dec-13
|
249
|
2803
|
233.58
|
117.82
|
101.78
|
101 Expected DA
|
Expected DA From Jan 2014-Possibility Of Increase Of DA By 10- 11 %
AICPIN for the month of August 2013
Consumer Price Index for Industrial Workers (CPI-IW)-August, 2013
The All-India CPI-IW for August, 2013 rose by 2 points and pegged at 237 (two hundred and thirty Seven)
Source : Labour Bureau Portal
AICPIN for the month of July 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013
According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). On 1-month percentage change, it increased by 1.73 per cent between June and July compared with 1.92 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 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato & other Vegetables. Electricity Charges, Firewood, Bus Fare, Petrol, etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Primary and secondary School Fees putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July, 2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year.
At centre level, Giridih recorded the highest increase of 16 points each followed by Kodarma (11 points), Durgapur (10 points) and Jharia, Surat, Ghaziabad and Godavarikhani (9 points each). Among others, 8 points rise was registered in 7 centres, 7 points in 6 centres, 6 points in 10 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 6 centres, and 1 point in five centres. On the contrary, Faridabad reported a decline of 6 points followed by Madurai (5 points), Coonoor (3 points), Tiruchirapally (2 points) and 5 other centres by 1 point each. Rest of the 7 centres’ indices remained stationary.
The indices of 38 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Jabalpur and Ghaziabad centre remained at par with all-India index.
The next index of CPI-IW for the month of August, 2013 will be released on Monday, 30 September, 2013. The same will also be available on the office website www.labourbureau.gov.in.
This 3 point
increase in June, 13 AICPIN has also confirmed minimum 7% increase in
Dearness Allowance in Jan-2014. Next two months’ AICPIN will give exact
figure of expected DA.
This time calculation says that if no any
increase occurred in next 6 months in AICPIN the 7% increase in expected DA of Jan-2014 is
confirm.
Increase/ Decrease Index
|
Month
|
Base Year 2001 = 100
|
Total of 12 Months
|
Twelve monthly Average
|
% increase over 115.76
for DA
|
DA announced or will be announced
|
|
|
|
|
|
|
|
2
|
May-13
|
228
|
2625
|
218.75
|
88.97%
|
88%
|
3
|
Jun-13
|
231
|
2648
|
220.67
|
90.62%
|
90%
|
0
|
Jul-13
|
231
|
2667
|
222.25
|
91.99%
|
91%
|
0
|
Aug-13
|
231
|
2684
|
223.67
|
93.22%
|
93%
|
0
|
Sep-13
|
231
|
2700
|
225.00
|
94.37%
|
94%
|
0
|
Oct-13
|
231
|
2714
|
226.17
|
95.38%
|
95%
|
0
|
Nov-13
|
231
|
2727
|
227.25
|
96.31%
|
96%
|
0
|
Dec-13
|
231
|
2739
|
228.25
|
97.18%
|
97%
|
|
Jan-14
|
Expected
DA from Jan-2014
|
97%
|
Now the
above table and growth trends in AICPIN and inflation also indicates 100% DA
from Jan-2014 and 25% increase in allowance.
