After the getting the additional installment of dearness allowance from Jul, 2014 and Dearness Relief from July, 2014 @ 7% now everyone looking for the
expectation of DA/DR from Jan, 2015. Expected DA/DR is now entered in 2nd
step. The 1 point increase in Aug, 2015 All India Consumer Price Index Number (AICPIN) for Industrial Worder is showing minor increase
in expected DA/DR. AICPIN was increased 6 point in last month i.e. July, 2014
and in view of such type of variation the specuation of future DA/DR become
harder. 1 point increase in August, 2014 AICPIN is registering 6% increase
i.e. 113% DA/DR (1% increase in last months’ calculation). Readers are again
requested not to take it final. Following table may help you to expect the approximate increase Jan, 2015 DA/DR:
expectation of DA/DR from Jan, 2015. Expected DA/DR is now entered in 2nd
step. The 1 point increase in Aug, 2015 All India Consumer Price Index Number (AICPIN) for Industrial Worder is showing minor increase
in expected DA/DR. AICPIN was increased 6 point in last month i.e. July, 2014
and in view of such type of variation the specuation of future DA/DR become
harder. 1 point increase in August, 2014 AICPIN is registering 6% increase
i.e. 113% DA/DR (1% increase in last months’ calculation). Readers are again
requested not to take it final. Following table may help you to expect the approximate increase Jan, 2015 DA/DR:
| Expect- ation |
Increase/ Decrease Index |
Month | Base Year 2001 = 100 |
Total of 12 Months |
Twelve monthly Average |
% increase over 115.76 for DA |
DA announced or will be announced |
| -4 | Dec,13 | 239 | 2786 | 232.17 | 100.56% | 100% | |
| Expected DA from July, 2014 is to be Announce by Govt. DA/DR from July, 2014 |
-2 | Jan,14 | 237 | 2802 | 233.50 | 101.71% | |
| 1 | Feb,14 | 238 | 2817 | 234.75 | 102.79% | ||
| 1 | Mar,14 | 239 | 2832 | 236.00 | 103.87% | ||
| 3 | Apr,14 | 242 | 2848 | 237.33 | 105.02% | ||
| 2 | May,14 | 244 | 2864 | 238.67 | 106.17% | ||
| 2 | Jun,14 | 246 | 2879 | 239.92 | 107.25% | ||
| JUL+AICPIN | 6 | Jul,14 | 252 | 2896 | 241.33 | 108.48% | 107% |
| Aug+AICPIN | 1 | Aug,14 | 253 | 2912 | 242.67 | 109.63% | 113% |
| No increase in next 4 months |
0 | Sep,14 | 253 | 2927 | 243.92 | 110.71% | |
| 0 | Oct,14 | 253 | 2939 | 244.92 | 111.57% | ||
| 0 | Nov,14 | 253 | 2949 | 245.75 | 112.29% | ||
| 0 | Dec,14 | 253 | 2963 | 246.92 | 113.30% | ||
|
Expected DA/DR from Jan, 2015
|
|||||||
| 1 Point increase in every month or total 4 points increase |
1 | Sep,14 | 254 | 2928 | 244.00 | 110.78% | |
| 1 | Oct,14 | 255 | 2942 | 245.17 | 111.79% | ||
| 1 | Nov,14 | 256 | 2955 | 246.25 | 112.72% | ||
| 1 | Dec,14 | 257 | 2973 | 247.75 | 114.02% | ||
|
Expected DA/DR from Jan, 2015
|
114%
|
||||||
| 2 Points increase in every month or total 8 points increase |
2 | Sep,14 | 255 | 2929 | 244.08 | 110.85% | |
| 2 | Oct,14 | 257 | 2945 | 245.42 | 112.00% | ||
| 2 | Nov,14 | 259 | 2961 | 246.75 | 113.16% | ||
| 2 | Dec,14 | 261 | 2983 | 248.58 | 114.74% | ||
|
Expected DA/DR from Jan, 2015
|
114%
|
||||||
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 Aug 2014 – 1 Points increased and stands at 253
No. 5/’1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004
DATED: the 30th September, 2014
Press Release
Consumer Price Index for Industrial Workers (CP-IW) – August, 2014
The All-India CPI (IW) for August, 2014 increased by 1 point and pegged at 253 (two hundred and fifty three). On 1-month percentage change, it increased by 0.40 per cent between July, 2014 and August, 2014 when compared with the rise of 0.85 per cent between the same two months a year ago.
The largest upward pressure to the change in current index came from Food group contributing 1.03 percentage points to the total change. At item level, Wheat, Pulses, Milk, Chillies-green, Potato, Tomato, Green vegetables & fruits, Tea (Readymade), Snack Saltish, Bidi, Chewing tobacco, Pan finished, Fire wood, Doctor’s fee, Cable charges, Auto rickshaw & Bus Fare, Flower/Flower garlands, Toiletries, Tailoring charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Eggs (Hen), Fish Fresh, Poultry (Chicken), Ginger, Sugar, Electricity Charges, Medicine (Allopathic), Petrol, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI~lW stood at 6.75 per cent for August, 2014 as compared to 7.23 per cent for the previous month and 10.75 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.63 per cent against 8.11 per cent of the previous month and 13.91 per cent during the corresponding month of the previous year.
At centre level, Nasik and Vadodara recorded the maximum increase of 8 points each followed by Chhindwara (7 points) and Surat (6 points). Among others, 5 points rise was observed in 4 centres, 4 points in 5 centres, 3 points in 7 centres, 2 points in 15 centres and 1 point in 16 centres. On the contrary, Goa reported a decrease of 8 points followed by Mysore (4 points). Among others, 3 points fall was observed in 3 centres, 2 points in 5 centres and 1 point in 6 centres. Rest of the 11 centres’ indices remained stationary.
The indices of 39 centres are above and other 39 centres are below national average.
The next index of CPI-IW for the month of September, 2014 will be released on Friday, 31 October, 2014. The same will also be available on the office website www. iabourbureau. gov. in.
(S.S. NEGI)
DIRECTOR
Source: http://labourbureau.nic.in/press_note_eng_Aug_2014.pdf
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