Showing posts with label AICPIN. Show all posts
Showing posts with label AICPIN. Show all posts

Sunday, July 31, 2011

All-India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of June 2011


All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of June, 2011 increased by 2 points and stood at 189 (one hundred & eighty nine) .


During June, 2011, the index recorded increase of 8 points in Doom Dooma Tinsukia centre, 7 points in Rajkot centre, 5 points each in Puducherry, Varanasi, Guwahati and Chandigarh centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 19 centres and 1 point in 20 centres. The index decreased by 3 points in Ludhiana centre, 2 points in Nasik centre, 1 point in 6 centres, while in the remaining 10 centres the index remained stationary.


The maximum increase of 8 points in Doom Dooma Tinsukia centre is mainly on account of increase in the prices of Rice, Mustard Oil, Pork, Fish Fresh, Country Liquor, Firewood, etc. The increase of 7 points in Rajkot centre is due to increase in the prices of Rice, Groundnut Oil, Pure Ghee, Milk, Pan Finished, Cooking Gas, Petrol, Washing Soap, etc. The increase of 5 points in Puducherry, Varanasi, Guwahati and Chandigarh centres is due to increase in the prices of Rice, Mustard Oil, Fish Fresh, Milk, Pure Ghee, Vegetable & Fruit items, Tea (Readymade), Tailoring Charges, etc. The decrease of 3 points in Ludhiana centre is the outcome of decrease in the prices of Wheat Atta, Vanaspati Ghee, Vegetable & Fruit items, etc. The decrease of 2 points in Nasik centre is due to decrease in the prices of Wheat, Chillies Green, Vegetable and Fruit items, Sugar, etc.


The indices in respect of the six major centres are as follows :

1. Ahmedabad - 181
2. Bangalore - 192
3. Chennai - 167
4. Delhi - 172
5. Kolkata - 183
6. Mumbai - 189

The All-India (General) point to point rate of inflation for the month of June, 2011 is 8.62% as compared to 8.72% in May, 2011. Inflation based on Food Index is 6.91% in June, 2011 as compared to 7.61% in May, 2011.

The CPI-IW for July, 2011 will be released on the last working day of the next month, i.e. 30th August, 2011.

Click here for Updated DA Calculation Sheet

Category: articles

Friday, November 5, 2010

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of September, 2010

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of September, 2010 increased by 1 point and stood at 179 (one hundred and seventynine).

During September, 2010, the index recorded an increase of 6 points each in Darjeeling, Durgapur and Jalpaiguri centres, 5 points each in Siliguri and Delhi centres, 4 points each in Angul Talcher, Rajkot and Belgaum centres, 3 points in 12 centres, 2 points in 13 centres and 1 point in 24 centres. The index decreased by 3 points in Bhopal centre, 2 points in 4 centres and 1 point in 4 centres, while in the remaining 12 centres the index remained stationary.

The maximum increase of 6 points in Darjeeling, Durgapur and Jalpaiguri centres is mainly on account of increase in the prices of Rice, Wheat Atta, Vegetable items, Electricity Charges, etc. The increase of 5 points in Siliguri and Delhi centres is due to increase in the prices of Rice, Wheat, Wheat Atta, Onion, Vegetable items, etc. The increase of 4 points in Angul Talcher, Rajkot and Belgaum centres is due to increase in the prices of Rice, Wheat, Goat Meat, Onion, Vegetable items, Tea (Readymade), etc. However, the decrease of 3 points in Bhopal centre is due to decrease in the prices of Rice, Wheat, Goat Meat, Arhar Dal, Vegetable items, etc.

The indices in respect of the six major centres are as follows:
1. Ahmedabad – 176
2. Bangalore – 185
3. Chennai – 162
4. Delhi – 169
5. Kolkata – 176
6. Mumbai – 178

The point to point rate of inflation for the month of September, 2010 is 9.82% as compared to 9.88% in August, 2010.
Category: articles

Saturday, October 2, 2010


All India Consumer Price Index Numbers for Industrial Workers On Base 2001=100 for the Month of August, 2010


All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of August, 2010 remained stationary at 178 (one hundred and seventy eight).

During August, 2010, the index recorded an increase of 5 points in Rangapara Tezpur centre, 4 points each in Mariani Jorhat, Munger Jamalpur, Giridih, Asansol and Chhindwara centres, 3 points in 4 centres, 2 points in 5 centres and 1 point in 12 centres. The index decreased by 3 points in Jharia centre, 2 points in 15 centres and 1 point in 17 centres, while in the remaining 18 centres the index remained stationary.

The maximum increase of 5 points in Rangapara Tezpur centre is mainly on account of increase in the prices of Rice, Mustard Oil, Chillies Green, Clothing items, etc. The increase of 4 points in Mariani Jorhat centre is due to increase in the prices of Rice, Wheat Atta, Mustard Oil, Turmeric Powder, Chillies Green Vegetable & Fruit items, etc. The increase of 4 points in Munger Jamalpur centre is due to increase in the prices of Rice, Onion, Tea (Readymade), Clothing items, etc. In Giridih centre this increase is due to increase in the prices of Rice, Arhar Dal, Milk, Turmeric Powder, Firewood, etc. In Asanol centre this increase is mainly due to Rice, Wheat Atta, Milk, Onion, Firewood, Clothing items, etc. In Chhindwara centre this increase is the outcome of increase in the prices of Wheat, Soyabeen Oil, Garlic, Firewood, etc. However, the decrease of 3 points in Jharia centre is due to decrease in the prices of Wheat, Goat Meat, Fish Fresh, Vegetable & Fruit items, etc.

The indices in respect of the six major centres are as follows :

1. Ahmedabad - 173
2. Bangalore - 182
3. Chennai - 161
4. Delhi - 164
5. Kolkata - 175
6. Mumbai - 175

The point to point rate of inflation for the month of August, 2010 is 9.88% as compared to 11.25% in July, 2010.

Source : PIB


Category: articles

Wednesday, September 1, 2010

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of July, 2010 increased by 4 points and stood at 178 (one hundred and seventy eight).

During July, 2010, the index recorded an increase of 11 points each in Bhavnagar and Giridih centres, 10 points each in Ranchi Hatia, Chandigarh and Amritsar centres, 9 points in 2 centres, 8 points in 2 centres, 7 points in 5 centres, 6 points in 9 centres, 5 points in 11 centres, 4 points in 11 centres, 3 points in 11 centres, 2 points in 5 centres and 1 point in 9 centres. The index decreased by 2 points each in Coimbatore and Warrangal centres and 1 point in Salem centre, while in the remaining 5 centres the index remained stationary.

The maximum increase of 11 points in Bhavnagar centre is mainly on account of Housing Index and increase in the prices of Groundnut Oil, Milk, Vegetable & Fruit items, etc. The increase of 11 points in Giridih centre is due to Housing Index and increase in the prices of Rice, Vegetable & Fruit items, Soft Coke, etc. The increase of 10 points each in Ranchi Hatia, Chandigarh and Amritsar centres is mainly on account of Housing Index and increase in the prices of Rice, Wheat Atta, Onion, Vegetable & Fruit items, Kerosene Oil, Cooking Gas, etc. However, the decrease of 2 points in Coimbatore and Warrangal centres is due to decrease in the prices of Rice, Vegetable items, etc. and the decrease of 1 point in Salem centre is due to decrease in the prices of Rice, Vegetable items, etc.

The indices in respect of the six major centres are as follows:

1. Ahmedabad - 175
2. Bangalore - 183
3. Chennai - 162
4. Delhi - 164
5. Kolkata -175
6. Mumbai -175

The point to point rate of inflation for the month of July, 2010 is 11.25% as compared to 13.73% in June, 2010.
Category: articles

Friday, July 30, 2010


Expected Dearness Allowance (DA) from July 2010 -> 10% ?


Today Labour Bureau, released AICPIN for the month of June 2010, we all are waiting for this index value for long time to calculate dearness allowance from July 2010 onwards.

The AICPIN for the month of June 2010 is 174


MonthAll India Index% of increase
Nov-0814821.44
Dec-0814722.38
Jan-0914823.39
Feb-0914824.32
Mar-0914825.12
Apr-0915025.98
May-0915126.84
Jun-0915327.78
Jul-0916029
Aug-0916230.23
Sep-0916331.45
Oct-0916532.67
Nov-0916834.11
Dec-0916935.7
Jan-1017237.43
Feb-1017039.01
Mar-1017040.59
Apr-1017042.03
May-1017243.54
Jun-1017445.06


Based on AICPIN index, here we calculated DA percentage from 1st July 2010 onwards

As per index value, % of increase for June 2010 is 45.06, so it will be 45% dearness allowance from July 2010 onwards for central government employees.


How to calculate % of increase ?



Here is the simple formula for calculate increase percentage for AICPIN


=> DA = (Average of AICPIN for the past 12 months – 115.76)*100/115.76



Last time Dearness Allowance is 35% and this time will be 45%, so there is a chance for 10% increase in DA from July 2010 onwards.


Date
From which Payable
Rate (%)Increase (%)
1st Jan 200600
1st Jul 200622
1st Jan 200764
1st Jul 200793
1st Jan 2008123
1st Jul 2008164
1st Jan 2009226
1st Jul 2009275
1st Jan 2010358
1st Jul 20104510



Category: articles
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of June, 2010 increased by 2 points and stood at 174 (one hundred and seventy four).

During June, 2010, the index recorded an increase of 8 points in Varanasi centre, 6 points each in Quilon and Giridih centres, 5 points in 4 centres, 4 points in 8 centres, 3 points in 13 centres, 2 points in 17 centres and 1 point in 19 centres. The index decreased by 1 point each in Ludhiana and Ghaziabad centres, while in the remaining 12 centres the index remained stationary.

The maximum increase of 8 points in Varanasi centre is mainly due to increase in the prices of Rice, Wheat, Fresh Milk, Onion, Vegetable and Fruit items, Electricity Charges, Bus Fare, Tailoring Charges, etc. The increase of 6 points in Quilon centre is due to increase in the prices of Rice, Fish Fresh, Onion, Vegetable and Fruit items, Cigarette, Tailoring Charges, etc. and in Giridih centres it is due to increase in the prices of Mustard Oil, Fish Fresh, Turmeric Powder, Vegetable and Fruit items, Soft Coke, etc. However, the decrease of 1 point each in Ludhiana and Ghaziabad centres is due to decrease in the prices of Onion, Vegetable items, Sugar, etc.

The indices in respect of the six major centres are as follows :

1. Ahmedabad - 169
2. Bangalore --182
3. Chennai - 162
4. Delhi - 159
5. Kolkata -172
6. Mumbai -171

The point to point rate of inflation for the month of June, 2010 is 13.73% as compared to 13.91% in May, 2010.

Category: articles