AICPIN for September 2022: Expected DA from Jan 2023

AICPIN for September 2022: Expected DA from Jan 2023

Consumer Price Index for Industrial Workers (2016=100) – September, 2022

The Labour Bureau, an attached office of the Ministry of 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 All-India CPI-IW for September, 2022 increased by 1.1 points and stood at 131.3 (one hundred thirty-one point three). On 1-month percentage change, it increased by 0.84 per cent with respect to previous month compared to an increase of 0.24 per cent recorded between corresponding months a year ago.

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DA Calculator from Jan 2023

The maximum upward pressure in current index came from Food & Beverages group contributing 0.68 percentage points to the total change. At item level Rice, Wheat Atta,  Buffalo Milk, Dairy milk, Poultry/Chicken, Carrot, Cauliflower, Green Coriander leaves, Onion, Potato, Tomato, Vada, Idli, Dosa etc. are responsible for the rise in index. However, this increase was largely checked by Fish fresh, Palm Oil, Mustard oil, Sunflower oil, Soyabeen oil, Apple, Asafoetida, Orange, Gourd (Lauki)  etc. putting downward pressure on the index.

At centre level, Bhavnagar recorded a maximum increase of 4.5 points. Among others, 6 centres recorded increase between 3 to 3.9 points, 10 centres between 2 to 2.9 points, 24 centres between 1 to 1.9 points and 30 centres between 0.1 to 0.9 points. On the contrary, Chindwara, Ahmedabad and Shilong recorded a maximum decrease of 0.6 points each. Among others, 8 centers recorded decrease between 0.1 to 0.9 points. Rest of six centers index remained stationary.

Year-on-year inflation for the month stood at 6.49 per cent compared to 5.85 per cent for the previous month and 4.40 per cent during the corresponding month a year before. Similarly, Food inflation stood at 7.76 per cent against 6.46 per cent of the previous month and 2.26 per cent during the corresponding month a year ago.

Y-o-Y Inflation based on CPI-IW (Food and General)

All-India Group-wise CPI-IW for August, 2022 and September, 2022

CPI-IW: Groups Indices

The next issue of CPI-IW for the month of October, 2022 will be released on Wednesday, 30^th November, 2022. It will be available on the office website www.labourbureaunew.gov.in.

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