AICPIN for the Month of October 2014
Press Release has been published by Labour Bureau today regarding the statistics of Consumer Price Index, particularly for the calculation of Dearness allowance issued to the employees working under Central Government…
No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: the 28th November, 2014
Consumer Price Index for Industrial Workers (CPI-IW) – October, 2014
The All-India CPI-1W for October, 2014 remained stationary at 253 (twohundred and fifty three). On 1-month percentage change. it remained static between September, 2014 and October, 2014 when compared with the rise of 1.26 per cent between the same two months a year ago.
The largest upward pressure to the change in current index came from Miscellaneous group contributing (+) 0.28 percentage points to the total change. At item level, Wheat, Wheat Atta, Arhar Dal, Potato. Green Coriander Leaves, Lemon, Guava, Tea (Readymade). Snack Saltish, Cigarette. Firewood, Primary & Secondary School Fee, Private Tuition Fee, Toilet Soap, Tailoring Charges. etc. are responsible
for the increase in index. However, this increase was restricted to some extent by Coconut Oil, Onion. Apple. Banana. Cauliflower, Gowar Phali, Tomato. Sugar, Medicine (Allopathie). Petrol. etc.. putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-1W stood at 4.98 per cent for October, 2014 as compared to 6.30 per cent for the previous month and 11.06 per cent during the corresponding month of the previous year. Similarly the Food inflation stood at 4.48 per cent against 6.46 per cent of the previous month and 15.02 per cent during the corresponding month of the previous year.
At centre level, Munger Jamalpur reported an increase of 12 points followed by Goa (11 points), Srinagar (7 points), Giridih and Sholapur (5 points each) and Coonoor (4 points). Among others, 3 points rise was observed in 10 centres, 2 points in 9 centres and 1 point in 5 centres. On the contrary, Chhindwara recorded a decrease of 5 points. Among others, 3 points fall was registered in 5 centres, 2 points in 5 centres and 1 point in 16 centres. Rest of the 21 centres’ indices remained stationary.
The indices of 37 centres are above and other 41 centres’ indices are below national average.
The next index of CPI-IW for the month of November, 2014 will be released on Wednesday, 31 December, 2014. The same will also be available on the office website www .Iabourbureau.gov. in.
[…] DA from Jan 2015 is on fourth step, no change in the index of CPI(IW) for the month of October 2014, stands at 253 […]