DA from July 2024: Consumer Price Index for Industrial Workers

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DA from July 2024: Consumer Price Index for Industrial Workers (2016=100) – June, 2024

DA from July 2024- AICPIN Data:The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index for the months of June, 2024 is being released in this press release.  

What is CPI-IW for the month of June 2024?

The All-India CPI-IW for June, 2024 increased by 1.5 point and stood at 141.4 (one hundred forty one point four).  

Year-on-year inflation for the month of June, 2024 moderated to 3.67% as compared to 5.57% in June, 2023.

Y-o-Y Inflation based on CPI-IW (General) Data Chart

All-India Group-wise CPI-IW for May, 2024 and June, 2024:

 

Sr. No.	Groups	May, 2024	June, 2024
I	Food & Beverages	145.2	148.7
II	Pan, Supari, Tobacco & Intoxicants	161.2	161.6
III	Clothing & Footwear	143.6	144.2
IV	Housing	128.4	128.4
V	Fuel & Light	149.5	148.8
VI	Miscellaneous	136.1	136.3
	General Index	139.9	141.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CPI-IW: Groups Indices

What is expected DA from July 2024?

DA from July 2024 will increase by 3% and it will reach to 53% for central Govt employees and Pensioners.

 

Will 50 DA be merged with Basic Pay?

Not at all ! There is no such rule of merging basic pay and DA as per 7^th Pay Commission.