All India CPI-IW for May 2023 increased by 0.5 points and stood at 134.7 – Central Govt Employees and Pensioners and reaching at 46% in 7th CPC DA/DR

Expected DA/DR from July 2023 @  46% – CPI-IW for May, 2023 released

The All India CPI-IW for May 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven) as per the press release by Labour Bureau on 30th June,2023. Expected DA/DR from July, 2023 accounts forwarded in 2nd last step with this release.  This increase in CPI-IW is now showing 4% increase in DA/DR from July, 2023 i.r.o. Central Govt Employees and Pensioners and reaching at 46% in 7th CPC DA/DR.  CPI-IW index in next month will confirm the exact figure of DA/DR of Jul, 2023.  As per calculation DA/DR from July, 2023 will be 46% if next month’s CPI-IW will not decrease to 1 point.

श्रम ब्यूरो द्वारा दिनांक 30 मई, 2023 को जारी प्रेस विज्ञप्ति के अनुसार मई, 2023 के लिए अखिल भारतीय सीपीआई-आईडब्ल्यू 0.5 अंकों की वृद्धि के साथ 134.7 (एक सौ चौंतीस दशमलव सात) पर रहा। जुलाई, 2023 से अनुमानित डीए/ डीआर इस रिलीज के साथ दूसरे अंतिम चरण में प्रवेश कर गया है। CPI-IW में हुई इस वृद्धि के बाद केन्‍द्रीय सरकार के कर्मचारियों एवं पेंशनरों को मिलने वाले DA/DR में 4 प्रतिशत की वृद्धि के साथ 46 प्रतिशत निश्चित दिख रही है। अगले महीने का CPI-IW सूचकांक जुलाई, 2023 के DA/DR के दराें के सटीक आंकड़े की पुष्टि करेगा।  गणना के अनुसार जुलाई, 2023 से डीए/डीआर 46 प्रतिशत होना निश्चित है अगर अगले माह के CPI-IW सूचकांक में 1 अंक की कमी न हो।.

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh – 160036

F.No. 5/1/2021- CPI

Dated: 30th June 2023

Press Release

Consumer Price Index for Industrial workers (2016=100) – May, 2023

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 all india consumer price index for the month of May, 2023 is being released in this press release.

The All India CPI-IW for May 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven). On 1-month percentage change, it increased by 0.37 per cent with respect to previous month compared to increase of 1.02 per cent recorded between corresponding months a year ago.

The maximum upward pressure in current index came from Food & Beverages group contributing 0.37 percentage points to the total change. At item level, Rice, Arhar Dal, Buffalo milk, Dairy Milk, poultry chicken, Egg-Hen, search Apple, Grapes, Brinjal, Garlic, Ginger, Potato, Onion, Tomato, Sugar white, Cumin seed/Jira, Supari, Saree Cotton, Shirt Cloth Cotton, Medicine Allopathic, Private tuition/ Coaching Center Fees, etc. are responsible for the rise in index. However, this increase was largely checked by Wheat Atta, Lady’s Finger, Lemon, Mango, Soyabean Oil, Sunflower Oil, Mustard Oil, Electricity Domestic, Kerosene oil, etc. putting downward pressure on the index.

At centre level, Jabalpur recorded a maximum increase of 5.2 points followed by Salem with 3.8 points. Among others, 2 centres recorded increase between 2 to 2.6 points, 14 centres between I to 1.9 points and34 centres between 0.1 to 0.9 points. On the contrary, Ludhiana recorded a maximum decrease of I point. Among others, 26 centers recorded decrease between 0.1 to 0.9 points. Rest of nine centers index remained stationary.

Year-on-year inflation for the month stood at 4.42 per cent compared to 5.09 per cent for the previous month and 6.97 per cent during the corresponding month a year before. Similarly, Food inflation stood at 3.24 per cent against 4.16 per cent of the previous month and7.92 per cent during the corresponding month a year ago.

The All India CPI-IW for May 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven). On 1-month percentage change, it increased by 0.37 per cent with respect to previous month compared to increase of 1.02 per cent recorded between corresponding months a year ago.