Expected DA from January, 2018: Indication of 7th CPC DA @ 7% & 6th CPC @ 142% – CPI(IW) Index of Jul, 17 released

Expected DA from January, 2018: Indication of 7th CPC DA @ 7% & 6th CPC @ 142% – CPI(IW) Index of Jul, 17 released

5 points increase in All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of July, 2017 is indicating 7% 7th CPC Dearness Allowance with 2% increase & 142% 6th CPC DA with 3% increase in 6th CPC Dearness Allowance from
January, 2018.

Expected
DA from January, 2018 Table calculated on 3 different expected situations:-

Expected Dearness Allowance from January, 2018 – Table by www.staffnews.in
Expectation /Order	Increase/ Decrease Index	Month	Base Year 2001 = 100	Total of 12 Months	Twelve monthly Average	% Increase over 115.76 for 6CPC DA	% Increase over 261.42 for 7CPC DA	6thCPC DA announced or will be announced	7thCPC DA announced or will be announced
DA from July, 2017 to be announced	-1	Jan,17	274	3297	274.75	137.34%	5.10%	139%	5%
	0	Feb,17	274	3304	275.33	137.85%	5.32%
	1	Mar,17	275	3311	275.92	138.35%	5.55%
	2	Apr,17	277	3317	276.42	138.78%	5.74%
	1	May,17	278	3320	276.67	139.00%	5.83%
	2	Jun,17	280	3323	276.92	139.22%	5.93%
	Expected Dearness Allowance from July, 2017
July-Index	5	Jul,17	285	3328	277.33	139.58%	6.09%
Expected DA from Jan, 2018 1st – Situation	0	Aug,17	285	3335	277.92	140.08%	6.31%	142%	7%
	0	Sep,17	285	3343	278.58	140.66%	6.57%
	0	Oct,17	285	3350	279.17	141.16%	6.79%
	0	Nov,17	285	3358	279.83	141.74%	7.04%
	0	Dec,17	285	3368	280.67	142.46%	7.36%
	Expected Dearness Allowance from January, 2018
Expected DA from Jan, 2018 2nd – Situation	1	Aug,17	286	3336	278.00	140.15%	6.34%	143%	7%
	1	Sep,17	287	3346	278.83	140.87%	6.66%
	1	Oct,17	288	3356	279.67	141.59%	6.98%
	1	Nov,17	289	3368	280.67	142.46%	7.36%
	1	Dec,17	290	3383	281.92	143.54%	7.84%
	Expected Dearness Allowance from January, 2018
Expected DA from Jan, 2018 3rd – Situation	2	Aug,17	287	3337	278.08	140.22%	6.37%	144%	8%
	2	Sep,17	289	3349	279.08	141.09%	6.76%
	2	Oct,17	291	3362	280.17	142.02%	7.17%
	2	Nov,17	293	3378	281.50	143.18%	7.68%
	2	Dec,17	295	3398	283.17	144.62%	8.32%
	Expected Dearness Allowance from January, 2018

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 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 of AICPIN for July, 2018 – 5 Points increased and pegged at 285:-

 

No. 5/1/2017-CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004

DATED: 31st August, 2017

Press Release

The All-India CPI-IW for July, 2017 increased by 5 points and pegged at 285 (two hundred and eighty five). In terms of monthly change, it increased by (+) 1.79 per cent between June, 2017 and July, 2017 when compared with the increase of (+) 1.08 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 3.12 percentage points to the total change. The House Rent index further accentuated the overall index by (+) 0.70 percentage points. At item level, Rice, Pure Ghee, Chillies (Green), Onion, Bitter Gourd, Brinjal, Gourd, Lady’s Finger, Palak, Parwal, Potato, Pumpkin, Tomato, Torai, Banana, Cucumber, Mango, Tea (Readymade), Bidi, Cooking Gas, Kerosene Oil, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Arhar Dal, Masur Dal, Urd Dal, Coconut Oil, Mustard Oil, Poultry (Chicken), Coconut, Lemon, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 1.79 per cent for July, 2017 as compared to 1.08 per cent for the previous month and 6.46 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (-) 0.32 per cent against (-) 1.28 per cent of the previous month and 9.34 per cent during the corresponding month of the previous year.

At centre level, Jamshedpur reported the maximum increase of 12 points followed by Delhi and Ranchi-Hatia (11 points each), Raniganj and Jaipur (10 points each) and Varanasi and Amritsar (9 points each). Among others, 8 points increase was observed in 2 centres, 7 points in 7 centres, 6 points in 7 centres, 5 points in 11 centres, 4 points in 10 centres, 3 points in 13 centres, 2 points in 9 centres and 1 point in 5 centres. On the contrary, Goa recorded a decrease of 1 point. Rest of the 6 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and 42 centres’ indices are below national average. The indices of Amritsar and Lucknow centres remained at par with All-India Index.

The next issue of CPI-IW for the month of August, 2017 will be released on Friday, 29th September, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.

(SHYAM SINGH NEGI)

DEPUTY DIRECTOR GENERAL

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