Central Government Publishes the AICPIN Data for the Month of March 2023
The Ministry of Labour and Employment’s Labour Bureau has released the All India Consumer Price Index for Industrial Workers (CPI-IW) for the month of March 2023. This statistical data is a crucial factor in determining the Dearness Allowance for government employees in India. The index has increased by 0.6 points and currently stands at 133.3. To assist readers in calculating the approximate DA from July 2023, a simple online calculation tool will be provided at the top of the article. Please scroll down and click on the link to access the tool.
Click to view the AICPIN March 2023 Press Release in PDF
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
Dated: 28th April 2023
F.No. 5/1/2021-CPI
Press Release
Consumer Price Index for Industrial Workers (2016=100) – March 2023
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 succeeding month. The index for the month of March 2023 is being released in this press release.
The All-India CPI-IW for March 2023 increased by 0.6 points and stood at 133.3 (one hundred thirty-three point three). On 1-month percentage change, it increased by 0.45 per cent with respect to the previous month compared to increase of 0.80 per cent recorded between corresponding months a year ago.
The maximum upward pressure in current index came from Fuel & Light group contributing 0.25 percentage points to the total change. At item level, Cooking Gas/LPG, Firewood and Chips, Hospital/Nursing Home Charges, Medicine Allopathic, Motor Cycle/Scooter Moped, Toilet Soap, Tooth Paste, Arhar Dal, Cow Milk, Dairy Milk, Fish Fresh, Pure Ghee, Apple, Banana, Cauliflower, Brinjal, Cabbage, Bitter Guard, French bean, Lemon, Peas, Cumin Seed/Jira, Cooked Meal are responsible for the rise in index. However, this increase was largely checked by Wheat Atta, Rice, Potato, Onion, Drum Stick, Lady Finger, Tomato, Grapes, Soyabean Oil, Sunflower Oil, Mustard Oil, Cotton Seed Oil, Poultry Chicken, Egg-Hen etc. putting downward pressure on the index.
At centre level, Ahmedabad recorded a maximum increase of 3.3 points followed by Jamshedpur and Gurugram with 3.2 and 3.1 points respectively. Among others, 3 centres recorded increase between 2 to 2.9 points, 23 centres between 1 to 1.9 points and 43 centres between 0.1 to 0.9 points. On the contrary, Salem recorded a maximum decrease of 1.4 points followed by Tirunelveli and Tripura with 1.1 and 1 point respectively. Among others, 9 centres recorded decrease between 0.1 to 0.9 points. Rest of four centres index remained stationary.
Year-on-year inflation for the month stood at 5.79 per cent compared to 6.16 per cent for the previous month and 5.35 per cent during the corresponding month a year before. Similarly, Food inflation stood at 5.02 per cent against 6.13 per cent of the previous month and 6.27 per cent during the corresponding month a year ago.
Expected DA July 2023 Calculator
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