Consumer Price Index for Industrial Workers (CPI-IW)-May, 2013
The All-India CPI-IW for May, 2013 rose by 2 points and pegged at 228 (two hundred and twenty eight). On 1-month percentage change, it increased by 0.88 per cent between April and May compared with 0.49 per cent between the same two months a year ago.
The largest upward contribution to the change in current index came from Food group which increased by 1.22 per cent, contributing 1.64 percentage points to the total change. At item level, Rice, Arhar Dal, Fish Fresh, Poultry (Chicken), Milk, Chillies Green, Garlic, Ginger, Tomato, Root & Green Vegetables, Tea Leaf, Tea (Readymade), Cigarette, Country Liquor, Electricity Charges, Medicine (Allopathic), Repair Charges, etc. are responsible for the rise in index. However, this was compensated by Petrol putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 10.68 per cent for May, 2013 as compared to 10.24 per cent for the previous month and 10.16 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.24 per cent against 12.39 per cent of the previous month and 10.61 per cent during the corresponding month of the previous year.
At centre level, Chennai and Nagpur recorded the largest increase of 8 points each followed by Nasik (7 points) and Warrangal, Coonoor, Hubli Dharwar, Madurai and Tripura (6 points each). Among others, 5 points rise was registered in 2 centres, 4 points in 14 centres, 3 points in 6 centres, 2 points in 12 centres, and 1 point in 12 centres. On the contrary, a decline of 6 points was reported in Delhi, 5 points in Ghaziabad, 4 points in Srinagar, 3 points in 2 centres, 2 points in 2 centres and 1 point in 7 centres. Rest of the 10 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 Haldia centres remained at par with all-India index.
The next index of CPI-IW for the month of June, 2013 will be released on Wednesday, 31 July, 2013. The same will also be available on the office website www.labourbureau.gov.in.
govt.should increse 12%DA is genuine
It is seen that Govt is not aware about inflation. PM office and opposition are busy to put mud on each other. Every day prices of essential commodities are going very high. The present Govt has been failed to curb inflation. Increase in the DA from 01 July 13 should not be less than 12% if the Govt is unable to grant 15% which is also genuine. Families of middle class and below are suffering
quite a lot to meet day to day expenses. Value of Rupee is
getting down because of politition policies. Why the poor public should suffer from it. Hence 12% increase in DA from 01 July 12 is very much genuine demand.
The way the price index is moving there would be 100% D A wef 1.1.2014 and there is way by the government to curb inflation
It is interesting to note that the govt is unable to find out the way to curb inflation.
Central Govt. should announce the d a installment due from July,2013 as it will not be less than 10% even if the index falls upto 5 points for which there is no possibility
NLT 10% DA From 01.07.2013