AICPIN for August 2018 – DA from January 2019
Though the AICPIN for August 2018 Remained stationary at 301,the Possibility also remains for DA to increase by 4% from January 2019. Monthly 2 Points increase for remaining four month will take the DA up to 13% from January 2019
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 28th September 2018
Consumer Price Index for Industrial Workers (CPI-IW) – August 2018
The All India CPI-IW for August 2018 remained stationary at 301(Three hundred one). On 1 month percentage change, it remained static between July,2018 and August 2018 and it was also static between the corresponding months of previous year.
The maximum upward pressure to the change in current index came from Miscellaneous and Food groups contributing (+)0.25 and (+)0.07 percentage points respectively to the total change. At item level , Rice, Wheat, Atta , Groundnut Oil, Brinjal, Cabbage, Carrot, parvel, Mango (Ripe), Sugar, Cooking Gas, Petrol, Ornaments Glass, etc are responsible for the increase in index. However, this increase was checked by Fish Fresh, Poultry (Chicken), Eggs (Hen), Onion, French Beans, Methi, Peas, Radish, Tomato, Apple, Gauva etc, putting downward pressure on the index.