No. 5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
CLEREMONT’, SHIMLA-171004
DATED: 30th June, 2015
Press Release
Consumer Price Index for Industrial Workers (CPI-IW) – May, 2015
The All-India CPI-1W for May, 2015 increased by 2 points and pegged at 258 (two hundred and fifty eight). On 1-month percentage change, it increased by (+) 0.78 per cent between April, 2015 and May. 2015 when compared with the increase of(+) 0.83 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 (+) 1.96 percentage points to the total change. At item level, Rice, Arhar Dal, Gram Dal, Masur Dal, Moong Dal, Urd Dal, Groundnut Oil, Mustard Oil, Fish Fresh, Goat Meat, Poultry (Chicken). Onion, Vegetable items, Electricity Charges, Petrol, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted by Wheat. Wheat Atta. Gourd, Torai, Lady’s Finger, Mango, Sugar, Bus Fare, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-1W stood at 5.74 per cent for May, 2015 as compared to 5.79 per cent for the previous month and 7.02 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.99 per cent against 5.68 per cent of the previous month and 7.66 per cent during the corresponding month of the previous year.
At centre level, Mercara, Bokaro, Coonoor, Belgaum and Madurai reported the highest increase of 8 points each followed by Tiruchirapally (7 points). Among others. 6 points increase was observed in 4 centres. S points in 5 centres. 4 points in 12 centres, 3 points in 9 centres. 2 points in 10 centres and 1 point in 15 centres. On the contrary, Srinagar and Rangapara Tezpur centres recorded a maximum decrease of 3 points each followed by Darjeeting (2 points). Among others. 1 point decrease was observed in 4 centres. Rest of the 10 centres’ indices remained stationary.
The indices of 37 centres are above All India Index and other 40 centres’ indices are below national average. The index of Tiruchirapally is at par with all-India index.
The next index of CPI-IW for the month of June, 2015 will be released on Friday. 31st July. 2015. The same will also be available on the office website www.Iabourbureau.gov. in.
(S.S.NEGl)
DEPUTY DIRECOR GENERAL
Source: http://www.labourbureau.gov.in/Press_Note_Eng_May_2015.pdf
EXPECTED DA JULY 2015.This is the most popular word among the central government employees.Definitely Dearness Allowance will give some relief to compensate the price rise.We have to wait one more month to get exact da hike.Because the AICPIN june release will be on the last working day of July 2015.Any how surely we can calculate the near hike of expected da july 2015 with eleven months of AICPIN points.
USE DA CALCULATION FORMULA TO GET DA FROM THE MONTH OF JULY 2015
FORMULA
(12 Months average AICPIN-115.76)X100
----------------------------------------------------
115.76
MONTH/YEAR
|
AICPIN
|
TOTAL
|
12 MONTH AVERAGE
|
EXPECTED DA
|
JUNE/2014
|
246
|
2879
|
239.92
|
107.25
|
JULY/2014
|
252
|
2896
|
241.33
|
108.47
|
AUG/2014
|
253
|
2912
|
242.67
|
109.63
|
SEP/2014
|
253
|
2927
|
243.92
|
110.71
|
OCT/2014
|
253
|
2939
|
244.92
|
111.57
|
NOV/2014
|
253
|
2949
|
245.75
|
112.29
|
DECEMBER/2014
|
253
|
2963
|
246.92
|
113.29
|
JANUARY/2015
|
254
|
2980
|
248.33
|
114.52
|
FEBRUARY/2015
|
253
|
2995
|
249.58
|
115.60
|
MARCH/2015
|
254
|
3010
|
250.83
|
116.68
|
APRIL/2015
|
256
|
3024
|
252
|
117.69
|
MAY/2015
|
258
|
3036
|
253
|
118.55
|
JUNE/2015
|
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