Expected DA from Jan 2020 | All-India CPI-IW for October 2019 - Government Staff


Expected DA from Jan 2020 | All-India CPI-IW for October 2019

All-India CPI-IW for October 2019 – Press release published by the Labour Bureau

No. 5/1/2019-CPI
DATED: 29th November, 2019

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – October, 2019

The All-India CPI-IW for October, 2019 increased by 3 points and pegged at 325 (three hundred and twenty five). On 1-month percentage change, it increased by (+) 0.93 per cent between September, 2019 and October, 2019 when compared with the increase of (+) 0.33 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.85 percentage points to the total change. At item level, Wheat, Wheat Atta, Goat Meat, Milk Buffalo, Milk Cow, Garlic, Onion, Brinjal, Cabbage, Cauliflower, Gourd, Lady’s Finger, Potato, Tomato, Torai, Cooking Gas, Electricity Charges, Medicine (Homeopathic), College Fee, Petrol, etc. are responsible for the increase in index. However, this increase was checked by Ginger, French Bean, Radish, Apple, Lemon, Orange, Bus Fare, Hair Oil, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 7.62 per cent for October, 2019 as compared to 6.98 per cent for the previous month and 5.23 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.60 per cent against 7.05 per cent of the previous month and (-) 0.95 per cent during the corresponding month of the previous year.

At centre level Varanasi and Jamshedpur observed the maximum increase of 12 points each followed by Munger-Jamalpur and Chhindwara (11 points each) and Jabalpur (9 points). Among others, 8 points increase was observed in 2 centres, 7 points in 4 centres, 6 points in 4 centres, 5 points in 12 centres, 4 points in 6 centres, 3 points in 15 centres, 2 points in 11 centres and 1 point in 10 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Tiruchirapally, Ajmer and Delhi (2 points each). Rest of the 5 centres’ indices remained stationary.

The indices of 32 centres are above All-India Index and 44 centres’ indices are below national average. The indices of Ernakulum and Warangal centres remained at par with All-India Index.

The next issue of CPI-IW for the month of November, 2019 will be released on Tuesday, 31st December, 2019. The same will also be available on the office website www.labourbureaunew.gov.in.


No comments:

Post a Comment