AICPIN for JAN 2020
All India Consumer Price Index for Industrial Workers 2020
The CPI (IW) Base Year 2001=100 is a key factor to calculate DA and DR for Central Government Employees and retired pensioners.
DA and DR due from January 2020 to all existing and retired employees is confirmed to hike by 4%. DA News 2020 will be declared by the Union Cabinet Committee in the month of March 2020.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 28th February, 2020
Consumer Price Index for Industrial Workers (CPI-IW) – January, 2020
The All-India CPI-IW for January, 2020 (AICPIN) remained stationary at 330 (three hundred and thirty). On 1-month percentage change, it showed no change between December, 2019 and January, 2020 when compared with the increase of (+) 1.99 per cent between December, 2018 and January, 2019.
The maximum upward pressure to the change in current index came from Housing group contributing (+) 2.38 percentage points to the total change which was offset by Food group with a negative contribution of 2.15 percentage points to total change. At item level, Rice, Wheat & Wheat Atta, Groundnut Oil, Mustard Oil, Vanaspati Ghee, Fish Fresh, Goat Meat, Dairy Milk, Fresh Milk, Milk Buffalo, Chillies Dry, Coconut, Cooking Gas, Fire Wood, etc. are responsible for the increase in index. However, this was offset by Onion, Arhar Dal, Brinjal, Cabbage, Carrot, Cauliflower, French Bean, Gourd, Green Coriander leaves, Lady Finger, Palak, Peas, Radish, Tomato, Toilet Soap, etc., putting downward pressure on the index.
Year-on-year inflation based on all-items stood at 7.49 per cent for January, 2020 as compared to 9.63 per cent for the previous month and 6.60 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 10.61 per cent against 12.22 per cent of the previous month and 0.97 per cent during the corresponding month an year ago.
At centre level, Haldia recorded the maximum increase of 34 points followed by Srinagar and Tiruchirapally (9 points each). Among others, 5 points increase was observed in 2 centres, 4 points in 4 centres, 3 points in 7 centres, 2 points in 2 centres and 1 point in 5 centres. On the contrary, Rourkela and Kolkata recorded a maximum decrease of 7 points each followed by Mercara with 6 points fall. Among others, 5 points fall was observed in 2 centres, 4 points in 8 centres, 3 points in 12 centres, 2 points in another 12 centres and 1 point in 6 centres. Rest of 12 centres’ indices remained stationary.
The indices of 35 centres are above All-India Index and 43 centres’ indices are below national average.
The next issue of CPI-IW for the month of February, 2020 will be released on Tuesday 31st March, 2020. The same will also be available on the office website www.labourbureaunew.gov.in.
(AMRIT LAL JANGID)