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Expected DA from Jan, 2015 will be 113%: AICPIN for Oct-2014 released

Expected DA/DR is now entered in 4th  step.  All India Consumer Price Index Number (AICPIN) for Industrial Worker is
remained stationery at 253 (two hundred and fifty three). Estimation of 113% with 6% increase in expected DA/DR for Central Govt Employees/Pensioner is also stationery as previous month October-2014.   CPI-IW for next two months is yet to be announced.   Following table showing that estimation of 113% is constant with 6 points’ increase in CPI-IW index and with 3-4 point decline in next couple months speculate 112% of future DA/DR.  Therefore most probability is showing
6% increase in future DA/DR for Central Govt. Employees/Pensioner
.  With this we must to wait for next month’s Index for CPI-IW.  See the table of Expected DA/DR 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 233.5 101.71% 107%
1 Feb,14 238 2817 234.75 102.79%
1 Mar,14 239 2832 236 103.87%
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%

JUL+AICPIN
6 Jul,14 252 2896 241.33 108.48% 113%

Aug+AICPIN
1 Aug,14 253 2912 242.67 109.63%
Sep+AICPIN 0 Sep,14 253 2927 243.92 110.71%
Oct+AICPIN 0 Oct,14 253 2939 244.92 111.57%
1st Exp.
stationery
AICPIN
0 Nov,14 253 2949 245.75 112.29%
0 Dec,14 253 2963 246.92 113.30%
Expected DA/DR from Jan, 2015
2nd Exp.
2 point
increase
1 Nov,14 254 2950 245.83 112.36% 113%
1 Dec,14 255 2966 247.17 113.52%
Expected DA/DR from Jan, 2015
3rd Exp.
4 point
increase
2 Nov,14 255 2951 245.92 112.44% 113%
2 Dec,14 257 2969 247.42 113.73%
Expected DA/DR from Jan, 2015
4th Exp.
6 point
increase
3 Nov,14 256 2952 246.00 112.51% 113%
3 Dec,14 259 2972 247.67 113.95%
Expected DA/DR from Jan, 2015
5th Exp.
2 point
decline
-1 Nov,14 252 2948 245.67 112.22% 113%
-1 Dec,14 251 2960 246.67 113.08%
Expected DA/DR from Jan, 2015
6th Exp.
4 point
decline
-2 Nov,14 251 2947 245.58 112.15% 112%
-2 Dec,14 249 2957 246.42 112.87%
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]

Press Release for CPI(IW) Base 2001=100 Monthly Index Letter – OCTOBER 2014

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
โ€˜CLEREMONTโ€™, SHIMLA-171004
DATED: the 28th November, 2014
Press Release

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

The All-India CPI-1W for October, 2014 remained stationary at 253 (two hundred and fifty three). On l-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 (Allopathic), 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 percent 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 S centres, 2 points in 5 centres and 1 point in 16 centres. Rest ofthe 21 centresโ€™ indices remained stationary.

The indices of 37 centres are above and other 41 centresโ€™ indices are below national average.

The next index of CPI-1W 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. labourbureau.gov.in.

(S.S. NEGI)
DIRECTOR

Press Note: http://labourbureau.nic.in/press_note_IW_eng_Nov_2014.pdf

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