AICPIN for December 2021: Expected DA Calculator from Jan 2022
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st January, 2022
Consumer Price Index for Industrial Workers (2016=100) — December, 2021
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 December, 2021 is being released in this press release.
The All-India CPI-IW for December, 2021 decreased by 0.3 points and stood at 125.4 (one hundred twenty five and point four). On 1-month percentage change, it decreased by 0.24 per cent with respect to previous month compared to decrease of 0.92 per cent recorded between corresponding months a year ago.
The maximum downward pressure in current index came from Food & Beverages group contributing 0.39 percentage points to the total change. At item level, Fish fresh, Poultry chicken, Sunflower oil, Banana, Cauliflower, Onion, Peas, Potato, Tomato, ESI contribution, Petrol etc. are responsible for the fall in index. However, this decrease was largely checked by Buffalo-Milk, Grapes, Pomegranate, Lady Finger, Fire wood, Medicine Allopathic, Auto rickshaw fare, Telephone Charges etc. putting upward pressure on the index.
At centre level, Udham Singh Nagar recorded a maximum decrease of 4.2 points. Among others, 5 centres observed a decrease between 3 to 3.9 points, 6 centres between 2 to 2.9 points, 19 centres between 1 to 1.9 points and 27 centres between 0.1 to 0.9 points. On the contrary, Virudhu Nagar recorded a maximum increase of 3.6 points. Among others, 5 centres observed an increase between 2 to 2.9 points, 9 centres between 1 to 1.9 points and 12 centres between 0.1 to 0.9 points. Rest of 3 centres’ indices remained stationary.
Year-on-year inflation for the month stood at 5.56 per cent compared to 4.84 per cent for the previous month and 3.67 per cent during the corresponding month a year before. Similarly, Food inflation stood at 5.93 per cent against 3.40 per cent of the previous month and 2.89 per cent during the corresponding month a year ago.
The next issue of CPI-IW for the month of January, 2022 will be released on Monday, 28th February, 2022. The same will also be available on the office website www.labourbureaunew.gov.in.