AICPIN FOR THE MONTH OF OCTOBER-2011

All India Consumer Price Index Numbers for Industrialworkers on Base 2001=100 for the Month of October, 2011

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of October, 2011 increased by 1 point and stood at 198 (one hundred & ninety eight) . During October, 2011, the index recorded maximum increase of 8 points in Darjeeling centre, 7 points in Yamunanagar centre, 6 points each in Hyderabad and Tiruchirapally centres, 5 points in 5centres, 4 points in 7 centres, 3 points in 14 centres, 2 points in 18 centres and 1 point in 19 centres. The index decreased by 3 points in Mysore centre, 2 points each in Ernakulam, Lucknow, Kolkata andGuwahati centres and 1 point in Mundakkayamcentre, while in the remaining 5 centres the index remained stationary. The maximum increase of 8 points in Darjeeling centre is mainly on account of increase in the prices of Masur Dal, Mustard Oil, Garlic, Chillies Green, Vegetable items, Refined Liquor, Firewood, Kerosene Oil, Clothing & Footwear items, etc. The increase of 7 points in Yamunanagar centre is mainly due to increase in the prices of Rice, Wheat Atta, Poultry (Chicken), Fresh Milk, Pure Ghee, Vegetable & Fruit items, Firewood, Barber Charges, etc. The increase of 6 points in Hyderabad centre is due to increase in the prices of  Rice, Groundnut Oil, Goat Meat, Poultry (Chicken), Garlic, Tamarind, Vegetable & Fruit items, Tea (Readymade), Electricity Charges, Clothing & Footwear items, Medicine (Allopathic & Homeopathic), Petrol, Washing Soap, Tailoring Charges, etc. The increase of 6 points in Tiruchirapally centre is due to increase in the prices of  Rice, Fish Fresh, Garlic, Vegetable & Fruit items, Sugar, Flower/Flower Garlands, etc. The decrease of 3 points in Mysore centre is the outcome of decrease in the prices of Rice, Wheat, Onion, Kerosene Oil, Clothing items, etc. The decrease of 2 points each in Ernakulam, Lucknow,Kolkata and Guwahati centres is due to decrease in the prices of Rice, Wheat, Coconut Oil, Fish Fresh, Sugar, Kerosene oil, etc. The indices in respect of the six major centres are as follows : 1.Ahmedabad 195 4.Delhi 184 2.Bangalore 198 5.Kolkata 191 3. Chennai 178 6. Mumbai 201 The All-India (General) point to point rate of inflation for the month of October, 2011 is 9.39% as compared to 10.06% in September, 2011. Inflation based on Food Index is 8.72% in October, 2011 as compared to 8.29% in September, 2011. The CPI-IW for November, 2011 will be released on the last working day of the next month, i.e. 30th December, 2011.

Expected Dearness Allowance

 EXPECTED DEARNESS ALLOWANCE FROM JANUARY 2012

Perhaps it is very early to calculate the status of  additional Dearness allowance from January, 2012 for Central Government employees and Pensioners, before releasing the AICPIN for the balance of three months i.e.October, November and December. Enquiries are being poured as comments and received emails to our inbox about the expected DA from Jan, 2012. We can assume that the AICPIN will certainly go up, because of the essential commodities prices are going high with non stop. Anyway we can assume the additional Dearness allowance from January 2012 will be minimum 7%. The existing Dearness allowance is 58%, it will become as 58% + 7% = 65%.

AICPIN for the month of September 2011 released

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for The Month of September, 2011

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of September, 2011 increased by 3 points and stood at 197 (one hundred & ninety seven) .                                 During September, 2011, the index recorded maximum increase of 5 points each in Darjeeling and Rourkela centres, 4 points  each in Mysore, Ernakulam, Bokaro, Delhi, Quilon, Mumbai, Indore and Yamunanagar centres, 3 points in 13centres, 2 points in 21 centres and 1 point in 24centres. The index decreased by 2 points in Giridihcentre, 1 point  each in Bhilwara and MongerJamalpur centres while in the remaining 7 centres the index remained stationary.                               The maximum increase of 5 points in Darjeeling  centre is mainly on account of increase in the prices of Milk (Cow), Onion, Garlic,Chillies Green, Vegetable & Fruit items, Tea Leaf, Sugar, Firewood, etc. The increase of 5 points in Rourkela centre is mainly due to increase in the prices of Rice, Fish Fresh, Milk (Cow), Onion, Vegetable items, Snack Saltish, Firewood, Kerosene Oil, etc. The increase of 4 points each in Mysore, Ernakulam,Bokaro, Delhi, Quilon, Mumbai, Indore andYamunanagar centres is due to increase in the prices of Milk, Groundnut Oil, Onion, Vegetable & Fruit items, Electricity Charges, Bus Fare, Petrol, etc. The decrease of 2 points in Giridih centre is the outcome of decrease in the prices of Arhar Dal, Vegetable & Fruit items, etc. The decrease of 1 point in Bhilwara centre is due to decrease in the prices of Wheat, Vegetable items, etc. In Munger Jamalpur centre this decrease is due to decrease in the prices of MasurDal, Vegetable items, Secondary Fee, etc.                             The indices in respect of the six major centres are as follows : 1.Ahmedabad 193 4. Delhi 182 2. Bangalore 197 5. Kolkata 193 3. Chennai 175 6. Mumbai 199                            The All-India (General) point to point rate of inflation for the month of September, 2011 is 10.06% as compared to 8.99% in August, 2011. Inflation based on Food Index is 8.29% in September, 2011 as compared to 7.33% in August, 2011.                                 The CPI-IW for October, 2011 will be released on the last working day of the next month, i.e. 30th November, 2011.