AICPIN for September 2022 | Expected DA Jan 2023

AICPIN for the month of September 2022 | Calculation of Expected Dearness Allowance January 2023

Today the Labour Bureau (Ministry of Labour and Employment) released the statistical data of the All India Consumer Price Index for the month of September 2022. The Consumer Price Index for Industrial Workers Base Year 2016-100 is increased by 1.1 points from the existing level and stands at 131.3. Hence the Expected DA calculation from the month of January 2023 is stepped to the next level.

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The full text of the press release of CPI-IW for the month of September 2022 is reproduced and given below for your ready reference…

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004.
DATED: 31 Oct 2022

F. No. 5/1/2021-CPI

Press Release

Consumer Price Index for Industrial Workers (2016=100) – September 2022

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 is compiled for 88 centres and All-India and is released on the last working day of the succeeding month. The index for the month of September 2022 is being released in this press release.

The All-India CPI-IW for September 2022 increased by 1.1 points and stood at 131.3 (one hundred thirty-one point three). On 1-month percentage change, it increased by 0.84 per cent with respect to the previous month compared to an increase of 0.24 per cent recorded between corresponding months a year ago.

The maximum upward pressure in the current index came from Food & Beverages group contributing 0.68 percentage points to the total change. At the item level Rice, Wheat Atta, Buffalo Milk, Dairy milk, Poultry/Chicken, Carrot, Cauliflower, Green Coriander leaves, Onion, Potato, Tomato, Vada, Idli, Dosa etc. are responsible for the rise in the index. However,’ this increase was largely checked by Fish Fresh, Palm Oil, Mustard oil, Sunflower oil, Soybean oil, Apple, Asafoetida, Orange, Gourd (Lauki) etc. putting downward pressure on the index.

At centre level, Bhavnagar recorded a maximum increase of 4.5 points. Among others, 6 centres recorded increase between 3 to 3.9 points, 10 centres between 2 to 2.9 points, 24 centres between 1 to 1.9 points and 30 centres between 0.1 to 0.9 points. On the contrary, Chindwara, Ahmedabad and Shilong recorded a maximum decrease of 0.6 points each. Among others, 8 centers recorded decrease between 0.1 to 0.9 points. Rest of six centers index remained stationary.

Year-on-year inflation for the month stood at 6.49 per cent compared to 5.85 per cent for the previous month and 4.40 per cent during the corresponding month a year before. Similarly, the Food inflation stood at 7.76 per cent against 6.46 per cent of the previous month and 2.26 per cent during the corresponding month a year ago.

The next issue of CPI-IW for the month of October 2022 will be released on Wednesday, 30th November 2022. The same will also be available on the official website www.labourbureaunew.gov.in

sd/-
(Shyam Singh Negi)
Deputy Director General

Click here to download the Press Release of Sep 22 CPI-IW in PDF