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AICPIN for the month of July 2014 - Hiked by 6 Points and pegged at 252

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AICPIN for the month of July 2014 - Hiked by 6 Points and pegged at 252

No. 5/1/2014-CPI 
GOVERNMENT OF INDIA 
MINISTRY OF LABOUR & EMPLOYMENT 
LABOUR BUREAU
`CLEREMONT’, SHIMLA-171004 
DATED: the 29th August, 2014
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2014

The All-India CPI-IW for July, 2014 increased by 6 points and pegged at 252 (two hundred and fifty two). On 1-month percentage change, it increased by 2.44 per cent between June, 2014 and July, 2014 when compared with the rise of 1.73 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 4.42 percentage points to the total change. The House Rent index further accentuated the overall index by 1.08 percentage points. At item level, Rice, Eggs, Milk, Onion, Chillies Green, Tomato, Potato and other Vegetables & Fruits, Sugar, Tea (Readymade), Pan Finished, Doctors’ Fee, College Fee, Petrol, Rail Fare, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Wheat, Soft Coke, Medicine (Allopathic), etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 7.23 per cent for July, 2014 as compared to 6.49 per cent for the previous month and 10.85 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.11 per cent against 5.88 per cent of the previous month and 14.10 per cent during the corresponding month of the previous year.

At centre level, Nagpur recorded the maximum increase of 12 points followed by Ludhiana (10 points). Among others, 9 points rise was observed in 7 centres, 8 points in 3 centres, 7 points in 9 centres, 6 points in 23 centres, 5 points in 14 centres, 4 points in 10 centres, 3 points in 4 centres, 2 points in 4 centres and I point in 2 centres.

The indices of 35 centres are above and other 41 centres are below national average. The indices of Ernakulam and Varanasi are at par with all-India index.

The next index of CPI-IW for the month of August, 2014 will be released on Tuesday, 30 September, 2014. The same will also be available on the office website www.labourbureau.gov. in.

(S.S.NEGI)
DIRECTOR

Source: www.labourbureau.gov.in

Expected Dearness Allowance


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7 comments:

  1. expected d.a. from jan 2015 is 114 or 115%
    expected d.a. from july 2015 is 125%.

    ReplyDelete
  2. Expected date of 50% d.a. merging+interim relief is 1 june 2015 or 1 july 2015.
    expected amount of interim relief will be in between 20 to 27%.
    expected d.a. from jan 2015 is 114 or 115%.
    expected d.a. from july 2015 is 125%.

    ReplyDelete
  3. Hello friends... aicpin(I/W) for july 2014 is raised by 6 points and stood at 252. So my calculations are showing around 8% DA hike from Jan-2015.

    ReplyDelete
  4. Expected da from jan.2015 8%or9%

    ReplyDelete
  5. Friends,

    Under the able leadership of Hon'ble Prime minister Modi day by day prices are coming down. so next instalment of DA(From Jan.2015)will be approximately 5%.

    ReplyDelete
  6. Pune is declared A class city by govt of Maharashtra from September 2014. due to this cn central govt employees get @ 30 HRA

    ReplyDelete

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