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Showing posts with label Consumer Price Index. Show all posts
Showing posts with label Consumer Price Index. Show all posts

Tuesday, 12 January 2016

06:48

CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL,URBAN AND COMBINED FOR THE MONTH OF NOVEMBER 2015

CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL,URBAN AND COMBINED FOR THE MONTH OF NOVEMBER 2015

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January2015.

2. In this press note, the CPI (Rural, Urban, Combined) on Base 2012=100 is being released for the month of November 2015. In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released for November 2015. Inflation rates (on point to point basis i.e. November, 2015 over Nov ember 2014), based on General Indices and CFPIs are given as follows:


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Tuesday, 23 June 2015

20:41

NSSO Conducted Survey for spending patterns of working class

NSSO Conducted Survey for spending patterns of working class

In a bid to understand the spending patterns and living conditions of working class, the Centre has decided to conduct a survey of workers’ family income and expenditure.

The survey, which will be conducted by the National Sample Survey Organisation, a Government of India body, will be used to finalise consumer price index (CPI) numbers for the working class. The CPI is the base for deciding dearness allowances (DA) of the working class.

“The Working Class Family Income and Exemption Survey-2015 will cover workers engaged in seven organised sectors of employment-registered factories, mines, plantations, ports & docks, public motor transport undertakings, electricity generating and distributing establishments, and railways,” an official from NSSO told Deccan Herald.

The survey will be conducted in 88 centres spreading across 28 states and union territories including Delhi, Karnataka, Andhra Pradesh and Uttar Pradesh. The survey will be conducted in eight places in Karnataka — Bengaluru, Belagavi, Chikkamagaluru, Davangere-Harihar, Hubballi-Dharwad, Kodagu, Mysuru and Mangaluru.

With the last such survey conducted around 15 years back in 1999-2000, the fresh survey required following a lot of changes in spending patters and lifestyles of workers in the past one-and-half decade, said the official.

The results of the survey will be utilisd for the purpose of revising the consumer price index numbers compiled by the Labour Bureau, said the official, adding that it will also show the light of living conditions of the working class. The surveyor will ask questions to a working class family about its living conditions, including spending on food, clothes, entertainment, health and education.  

Source: DeccanHerald 
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Saturday, 30 May 2015

07:59

AICPIN for April, 2015

AICPIN for April, 2015

No. 5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004

DATED : 29th May, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – April, 2015

The All-India CPI-IW for April, 2015 increased by 2 points and pegged at 256 (two hundred and fifty six). On 1-month percentage change, it increased by (+) 0.79 per cent between March, 2015 and April, 2015 when compared with the increase of (+) 1.26 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.24 percentage points to the total change. At item level, Rice, Arhar Dal, Gram Dal, Urd Dal, Fish Fresh, Goat Meat, Poultry (Chicken), Milk (Buffalo & Cow), Vegetable & Fruit items, Tea (Readymade), Snack (Sweet & Saltish), Country Liquor, Electricity Charges, Doctor’s Fee, Private Tuition Fee, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted by Eggs (Hen), Onion, Chillies Green, Sugar, Petrol, Flower/Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.79 per cent for April, 2015 as compared to 6.28 per cent for the previous month and 7.08 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.68 per cent against 6.98 per cent of the previous month and 7.76 per cent during the corresponding month of the previous year.

At centre level, Srinagar reported the highest increase of 9 points followed by Bhilai (5 points). Among others, 4 points increase was observed in 14 centres, 3 points in 9 centres, 2 points in 14 centres and 1 point in 18 centres. On the contrary, Giridih centre recorded a maximum decrease of 6 points followed by Guntur (3 points) and Ranchi-Hatia and Godavarikhani (2 points each). Among others, 1 point decrease was observed in 8 centres. Rest of the 9 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next index of CPI-IW for the month of May, 2015 will be released on Tuesday, 30th June, 2015. The same will also be available on the office website www.labourbureau.gov.in.

sd/-
(S.S.NEGI)
Director

Source: Source: http://www.labourbureau.gov.in/Press%20Note%20English%20Apr%202015.pdf

WHAT WOULD BE EXPECTED DA W.E.F JULY 2015?

Additional Dearness Allowance from July 2015 is based on the fluctuation in market prices of essential commodities between the months of January and June 2015. The AICPIN Figures for April 2015 stood at 256 as against 254 in March 2015. If it continues to be at 256 for May & June 2015, the DA is expected to rise to 119% w.e.f., 01.07.2015. Presently DA is 113%.

There are chances that 6% hike in Dearness Allowance w.e.f. July will take place considering the trends so far.

Statistics of AICPIN of the next two months will decide actual additional DA to be announced in w.e.f JULY 2015

Source:Govemployees.
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