AICPIN for the Month of June 2023
The All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4 (one hundred thirty six point four) points as per the press release by issued by Labour Bureau. Now, DA/DR from July, 2023 has been confirmed with this release. This month CPI-IW is showing 4% increase in DA/DR from July, 2023 i.r.o. Central Govt Employees and Pensioners and be at 46% in 7th CPC DA/DR. All expectations regarding future DA/DR ends here with this release.
All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4
Press release dated 31.07.2023 by Labour Bureau:-
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh – 160036
Dated: 31st July, 2023
Consumer Price Index for Industrial Workers (2016=100) – June, 2022
The Labour Bureau, an attached office of the M/o 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 index for the month of June, 2023 is being released in this press release.
Expected DA from July 2023 for Central Govt Employees 46% Confirmed
The All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4 (one hundred thirty six point four). On 1-month percentage change, it increased by 1.26 per cent with respect to previous month compared to increase of 0.16 per cent recorded between corresponding months a year ago.
The maximum upward pressure in current index came from Food & Beverages group contributing 1.62 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta, Arhar Dal, Moong Dal, Fish Fresh, Poultry Chicken, Egg-Hen, Apple, Banana, Brinjal, Carrot, Ginger, Cauliflower, Chili Green, Potato, Onion, Tomato, Cumin seed/Jira, Supari, Casual Wear, Canvas Shoes, Utensil, Medicine ayurvedic, etc. are responsible for the rise in index. However, this increase was largely checked by Mustard Oil, Palm Oil, Sunflower Oil, Coconut Oil, Lemon, Mango, Kerosene Oil, etc. putting downward pressure on the index.
At centre level, Angul- Talchar recorded a maximum increase of 8.5 points followed by Raipur and Labac- Silchar with 6.8 and 6.3 points respectively. Among others, 3 centres recorded increase between 5 to 5.9 points, 2 centres between 4 to 4.9 points, 10 centres between 3 to 3.9 points, 11 centres between 2 to 2.9 points, 28 centres between 1 to 1.9 points and 26 centres between 0.1 to 0.9 points. On the contrary, Mungel- Jamalpur recorded a maximum decrease of 1.1 point. Among others, 4 centers recorded decrease between 0.1 to 0.9 points.
The next issue of CPI-IW for the month of July, 2023 will be released on Thursday, 31st August, 2023. The same will also be available on the office website labourbureau.gov.in
What will the AICPIN be in June 2023?
The All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4
What is the Expected DA in July 2023 ?
The dearness allowance (DA/DR) for central government employees and pensioners is expected to rise by 4% in July 2023. According to the 7th CPC DA Calculation, the expected DA from July 2023 is 46%.