AICPIN for July 2024: Jan-2025 DA Calculation Begins!

AICPIN for July 2024: Jan-2025 DA Calculation Begins!

AICPIN for July 2024 Press Release: In a recent announcement issued by the Labour Bureau, it was reported that the All-India Consumer Price Index for Industrial Workers (AICPIN-IW) for the month of July 2024 has experienced a notable increase of 1.3 points, resulting in a new index value of 142.7. This change reflects the ongoing fluctuations in the cost of living and economic conditions that affect industrial workers across the nation, providing insights into the current inflationary trends and their potential impact on wages and purchasing power in various sectors.

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh – 160036
Dated: 09.09.2024

F.No. 5/1/2021-CPI

Press Release

Consumer Price Index for Industrial Workers (2016=100) – July, 2024

1. 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 month of July, 2024 is being released in this press release.

2. The All-India CPI-IW for July, 2024 increased by 1.3 point and stood at 142.7 (one hundred forty two point seven).

3. Year-on-year inflation for the month of July, 2024 moderated to 2.15% as compared to 7.54% in July, 2023. The year on year inflation for the month of June, 2024 was 3.67% as compared to 5.57% in June, 2023.

4. All-India Group-wise CPI-IW for June, 2024 and July, 2024: