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Expected DA-DR from Jan, 2015: Probability to be 113% with 6% increase

Expected DA/DR is now entered in 3rd
step.  All India Consumer Price Index Number (AICPIN) for Industrial Worker is
remained stationery at 253 (two hundred and fifty three) showing equal to last
months’ calculation i.e. 6%. In July, 2014 – 6, August,2014 – 1 and no increase
in Index showing no unexpected change in future DA as speculated after

August, 2014 AICPIN
.  Total 6 points increase in next three months
Index is showing 7% increase in future DA/DR and the other hand 3 points’ total
decline is showing 5% increase in future DA/DR in between both of expected
numbers future DA/DR will be 6%.  Therefore most probability is showing
6% increase
. See the table given below:

Expect-
ation
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
-4 Dec,13 239 2786 232.17 100.56% 100%
.
DA/DR from
July, 2014
-2 Jan,14 237 2802 233.50 101.71%
1 Feb,14 238 2817 234.75 102.79%
1 Mar,14 239 2832 236.00 103.87%
3 Apr,14 242 2848 237.33 105.02%
2 May,14 244 2864 238.67 106.17%
2 Jun,14 246 2879 239.92 107.25% 107%
JUL+AICPIN 6 Jul,14 252 2896 241.33 108.48% 112%

Aug+AICPIN
1 Aug,14 253 2912 242.67 109.63%
Sep+AICPIN 0 Sep,14 253 2927 243.92 110.71%
No 3 point
decline in
next 3 month
-1 Oct,14 252 2938 244.83 111.50%
-1 Nov,14 251 2946 245.50 112.08%
-1 Dec,14 250 2957 246.42 112.87%
Expected DA/DR from Jan, 2015
No increase
in Index in
next three
months
0 Oct,14 253 2939 244.92 111.57%
113%
0 Nov,14 253 2949 245.75 112.29%
0 Dec,14 253 2963 246.92 113.30%
Expected DA/DR from Jan, 2015
1 Point
increase in
every month
or total 3
points
1 Oct,14 254 2940 245.00 111.64%
113%
1 Nov,14 255 2952 246.00 112.51%
1 Dec,14 256 2969 247.42 113.73%
Expected DA/DR from Jan, 2015
2 Points
increase in
every month
or total 6
points
2 Oct,14 255 2941 245.08 111.72%
114%
2 Nov,14 257 2955 246.25 112.72%
2 Dec,14 259 2975 247.92 114.16%
Expected DA/DR from Jan, 2015

You may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]


No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: the Slst October, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-1W) – September, 2014

The All-lndia CPI-1W for September, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained static between August, 2014 and September, 2014 when compared with the rise of 0.42 per cent between the same two months a year ago.
The largest downward pressure to the change in current index came from Food group contributing (-) 1.04 percentage points to the total change. At item level, Fish Fresh, Poultry (Chicken). Chillies Green, Ginger, Onion, Tomato, Brinjal, French Beans, Lady’s Finger, Apple, Sugar, Medicine (Allopathic), Petrol, etc. are responsible for the decrease in index. However, this decrease was restricted to some extent by Rice, Wheat Atta, Arhar Dal, Potato, Cauliflower, Tea (Readymade), Snack Saltish, Bidi, Cigarette, Electricity Charges, Cinema Charges, Toilet Soap, Tailoring charges, etc., putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent for September, 2014 as compared to 6.75 per cent for the previous month and 10.70 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.46 per cent against 7.63 per cent of the previous month and 13.36 per cent during the corresponding month of the previous year.
At centre level, Goa reported a decrease of 10 points followed by Nagpur (5 points). Among others, 4 points fall was observed in 6 centres, 3 points in 4 centres, 2 points in 9 centres and 1 point in 19 centres. On the contrary, Tripura recorded the maximum increase of 6 points followed by Lucknow & Jalpaiguri (4 points each) and Rourkela & Rangapara-Tezpur (3 points each), Among others, 2 points rise was registered in 8 centres and 1 point in 12 centres. Rest of the 13 centres“ indices remained stationary.
The indices of 37_ centres are above and other 41 centres” indices are below national average.

The next index ot‘CPl-IW for the month of October, 2014 will be released on Friday, 28 November, 2014. The same will also be available on the office website www.labourbureau.gov.in.

sd/-
(S. N EGI)
DIRECTOR

Source: http://labourbureau.nic.in/press_note_IW_eng_Sep_2014.pdf

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