113% DA-DR from January, 2015 confirmed after November, 2014 AICPIN

113% DA-DR from January, 2015 confirmed after November, 2014 AICPIN 

Expected DA/DR is now entered in 2nd last step.  All India  Consumer Price Index Number (AICPIN) for Industrial Worker is remained stationery at 253 (two hundred and fifty three) for the month of November, 2014. Estimation of 113% with 6% increase in expected DA/DR for Central Govt Employees/Pensioner is also stationery as previous month November-2014.   CPI-IW for next two months is yet to be announced.   Following table showing that estimation of 113% is constant with 9 points’ increase in CPI-IW index and with 5 point decline in next month speculate 112% of future DA/DR.  Therefore it is mostly confirm that 6% increase in future DA/DR for Central Government. 

Employees/Pensioner.  See the table of Expected DA/DR given below:

Expectation	Increase/ Decrease Index	Month	Base Year 2001 100	Total of 12Months	Twelve monthly Average	% increase over 115.76for   DA	DA announced or will be announced
	-4	Dec,13	239	2786	232.17	100.56%	100%
DA/DR fromJuly, 2014	-2	Jan,14	237	2802	233.5	101.71%	107%
	1	Feb,14	238	2817	234.75	102.79%
	1	Mar,14	239	2832	236	103.87%
	3	Apr,14	242	2848	237.33	105.02%
	2	May,14	244	2864	238.67	106.17%
	2	Jun,14	246	2879	239.92	107.25%
JUL+AICPIN	6	Jul,14	252	2896	241.33	108.48%	113%
Aug+AICPIN	1	Aug,14	253	2912	242.67	109.63%
Sep+AICPIN	0	Sep,14	253	2927	243.92	110.71%
Oct+AICPIN	0	Oct,14	253	2939	244.92	111.57%
Nov+AICPIN	0	Nov,14	253	2949	245.75	112.29%
Expected AICPIN for Dec 2014 – Expected DA/DR is constant to 113% from -4 point decline to 9 point increase	0	Dec,14	253	2963	246.92	113.30%
	2	Dec,14	255	2965	247.08	113.44%	113%
	8	Dec,14	261	2971	247.58	113.88%	113%
	9	Dec,14	262	2972	247.67	113.95%	113%
	10	Dec,14	263	2973	247.75	114.02%	114%
	-2	Dec,14	251	2961	246.75	113.16%	113%
	-4	Dec,14	249	2959	246.58	113.01%	113%
	-5	Dec,14	248	2958	246.50	112.94%	112%
	Hence expected DA/DR from Jan, 2015 is 113%

Press Release for CPI(IW) Base 2001=100 Monthly Index Letter – NOVEMBER 2014

No. 5/1/2014- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: the 3lst December, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-1W) – November, 2014

The All-India CPI-1W for November, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between October, 2014 and November, 2014 when compared with the rise of 0.83 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 (+) 0.17 percentage points to the total change. At item level, Wheat, Rice, Moong Dal, Masur Dal, Arhar Dal, Eggs (Hen), Goat Meat, Milk (Cow), Onion, Tea (Readymade), Private Tution Fee, Flower/F lower Garlands, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Ginger, Chillies green, Vegetable items, Sugar, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-1W stood at 4.12 per cent for November, 2014 as compared to 4.98 per cent for the previous month and 11.47 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.56 per cent against 4.48 per cent of the previous month and 16.17 per cent during the corresponding month of the previous year.

At centre level, Madurai reported an increase of 12 points followed by Chennai (11 points), Tiruchirapally (7 points), Coonoor (6 points), Salem and Coimbatore (5 points each) and Bangluru (4 points). Among others, 3 points rise was observed in 3 centres, 2 points in 7 centres and 1 point in 9 centres. On the contrary, Srinagar recorded a decrease of 6 points and Ghaziabad (5 points). Among others, 4 points fall was registered in 2 centres, 3 points in 6 centres, 2 points in 12 centres and 1 point in 19 centres. Rest of the 11 centres’ indices remained stationary.

The indices of 38 centres are above and other 39 centres’ indices are below  national average. The index of Bhopal centre remained at par with all-India index.

The next index of CPI-1W for the month of December, 2014 will be released on Friday, 30 January, 2015. The same will also be available on the office website www.1abourbureau. gov. in.

(S.S. NEGI)

DIRECTOR

Source: http://labourbureau.nic.in/press_note_eng_nov_2014.pdf