4 POINT RISE IN JULY, 2013 ACPIN: DA FOR JAN, 2014 MAY REACH 100%

All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). According to this increase Dearness Allowance for Central Government Employees & Dearness Relief for CG Pensioner confirmed to be 98% from January, 2014.  This increase and present economic scenario are also indicating that the DA/DR for Jan, 2014 may reach 100%.  This time the DA/DR from July, 2013 is yet to be announced by govt and as per previous trend  it will be announced in third week of September, 2013. See following table for thee different situation to Expected DA/DR for Jan, 2014 :- 

Expectation	Increase/ Decrease Index	Month	Base Year 2001 = 100	Total of 12 Months	Twelve monthly Average	% increase over 115.76 for   DA	DA announced or will be announced
	1	Dec-12	219	2512	209.33	80.83%	80%
DA/DR from July, 2013 @ 90% is yet to be announced.	2	Jan-13	221	2535	211.25	82.49%	90%
	2	Feb-13	223	2559	213.25	84.22%
	1	Mar-13	224	2582	215.17	85.87%
	2	Apr-13	226	2603	216.92	87.38%
	2	May-13	228	2625	218.75	88.97%
	3	Jun-13	231	2648	220.67	90.62%
	4	Jul-13	235	2671	222.58	92.28%	100%
1st ExpectionMin 2 point in two next month	2	Aug-13	237	2694	224.50	93.94%
	2	Sep-13	239	2718	226.50	95.66%
	0	Oct-13	239	2740	228.33	97.25%
	0	Nov-13	239	2761	230.08	98.76%
	0	Dec-13	239	2781	231.75	100.20%
	Expected DA/DR from January, 2014
2nd Expectationminimum 1 point in every month and 2 point in any one month	1	Aug-13	236	2693	224.42	93.86%	100%
	2	Sep-13	238	2716	226.33	95.52%
	1	Oct-13	239	2738	228.17	97.10%
	1	Nov-13	240	2760	230.00	98.69%
	1	Dec-13	241	2782	231.83	100.27%
	Expected DA/DR from January, 2014
3rd Expectation:Point 1 in every month	1	Aug-13	236	2693	224.42	93.86%	99%
	1	Sep-13	237	2715	226.25	95.45%
	1	Oct-13	238	2736	228.00	96.96%
	1	Nov-13	239	2757	229.75	98.47%
	1	Dec-13	240	2778	231.50	99.98%
	Expected DA/DR from January, 2014

must read what will happen if DA reached 100%.


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PIB Release of CPI-IW:

Press Information Bureau 

Government of India

Ministry of Labour & Employment 

30-August-2013 17:38 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013 

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). On 1-month percentage change, it increased by 1.73 per cent between June and July compared with 1.92 per cent between the same two months a year ago. 

The largest upward pressure to the change in current index came from Food group contributing 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato & other Vegetables. Electricity Charges, Firewood, Bus Fare, Petrol, etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Primary and secondary School Fees putting downward pressure on the index. 

The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July, 2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year. 

At centre level, Giridih recorded the highest increase of 16 points each followed by Kodarma (11 points), Durgapur (10 points) and Jharia, Surat, Ghaziabad and Godavarikhani (9 points each). Among others, 8 points rise was registered in 7 centres, 7 points in 6 centres, 6 points in 10 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 6 centres, and 1 point in five centres. On the contrary, Faridabad reported a decline of 6 points followed by Madurai (5 points), Coonoor (3 points), Tiruchirapally (2 points) and 5 other centres by 1 point each. Rest of the 7 centres’ indices remained stationary. 

The indices of 38 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Jabalpur and Ghaziabad centre remained at par with all-India index. 

The next index of CPI-IW for the month of August, 2013 will be released on Monday, 30 September, 2013. The same will also be available on the office website www.labourbureau.gov.in.