Expected DA July 2023
The All-lndia CPI-IW for April, 2023 increased by 0.9 points and stood at 134.2 (one hundred thirty four point two) as per the press release by Labour Bureau on 31st May,2023. Expected DA/DR from July, 2023 accounts forwarded in 4th step with this release. This increase in CPI-IW is again showing 3% increase in DA/DR from July, 2023 i.r.o. Central Govt Employees and Pensioners and reaching at 45% in 7th CPC DA/DR. CPI-IW index in coming months will confirm the exact figure of DA/DR of Jul, 2023. Expected DA/DR from July, 2023 will increase to 46% subject to further increase in coming month’s CPI-IW.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh – 160036
Dated: 31st May,2023
Consumer Price Index for Industrial Workers (2016=100) – April, 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 index for the month of April, 2023 is being released in this press release.
The All-lndia CPI-IW for April, 2023 increased by 0.9 points and stood at 134.2 (one hundred thirty four point two). On 1-month percentage change, it increased by 0.68 per cent with respect to previous month compared to increase of 1.35 per cent recorded between corresponding months a year ago.
The maximum upward pressure in current index came from Food & Beverages group contributing 0.39 percentage points to the total change. At item level, Rice, Arhar Dal, Apple, Banana, orange, cauliflower, Brinjal, cabbage, Ginger, peas, Dairy Milk, French bean, Lemon, Cumin seed/Jira, Chillies dry, Cooked Meal, Poultry Chicken, Ladies Suiting, etc. are responsible for the rise in index. However, this increase was largely checked by Wheat Atta, Tomato, onion, Drum Stick, Lady’s Finger, Mango, Soyabean oil, sunflower Oil, Mustard Oil, Egg-Hen, Electricity Domestic, Firewood and Chips, etc. putting downward pressure on the index.
At centre level, Howrah recorded a maximum increase of 4.1 points. Among others, 4 centres recorded increase between 2 to2.9 points,30 centres between 1 to 1.9 points and 37 centres between 0.1 to 0.9 points. On the contrary, Salem recorded a maximum decrease of 1.9 points. Among others, 11 centers recorded decrease between 0.1 to 0.9 points. Rest of four centers index remained stationary.
Year-on-year inflation for the month stood at 5.09 per cent compared to 5.79 per cent for the previous month and 6.33 per cent during the corresponding month a year before. Similarly, Food inflation stood at 4.16 per cent against 5.02 per cent of the previous month and 7.05 per cent during the corresponding month ayear ago.