AICPIN for Oct 2018 - Expected DA Jan 2019

AICPIN for Oct 2018 - Expected DA Jan 2019

Consumer Price Index for Industrial Workers (CPI-IW) - October, 2018

No. 5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

'CLEREMONT', SHIMLA-171004

DATED: 30th November, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - October, 2018

The All-India CPI-IW for October, 2018 increased by 1 point and pegged at 302 (three hundred and two). On 1-month percentage change, it increased by (+) 0.33 per cent between September, 2018 and October, 2018 when compared with the increase of (+) 0.70 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 0.95 percentage points to the total change. At item level, Wheat, Wheat Atta, Fish Fresh, Goat Meat, Poultry (Chicken), Onion, Cabbage, French Beans, Green Coriander Leaves, Lady Finger, Potato, Lemon, Tea (Readymade), Cooking Gas, Electricity Charges, Flowers/Flower Garlands, etc. are responsible for the increase in index. However, this increase was checked by Coconut Oil, Pure Ghee, Gourd, Palak, Pan Leaf, Quilt, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.23 per cent for October, 2018 as compared to 5.61 per cent for the previous month and 3.24 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at (-) 0.95 percent against 0.00 per cent of the previous month and 2.26 percent during the corresponding month of the previous year.

At centre level, Munger-Jamalpur reported the maximum increase of (11 points) followed by Coimbatore, Surat and Ghaziabad (5 points each). Among others, 4 points increase was observed in 4 centres, 3 points in 8 centres, 2 points in 11 centres and 1 point in 24 centres. On the contrary, Nagpur recorded a maximum decrease of 5 points followed by Jalpaiguri (4 points). Among others, 2 points decrease was observed in 5 centres. Rest of the 20 centres indices remained stationary.

The indices of 37 centres are above All-India Index and 41 centres' indices are below national average.

The next issue of CPI-IW for the month of November, 2018 will be released on Monday, 31st December, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

Consumer Price Index for Industrial Workers (CPI-IW) - May, 2018

Ministry of Labour & Employment

Consumer Price Index for Industrial Workers (CPI-IW) - May, 2018

02 JUL 2018

The All-India CPI-IW for May, 2018 increased by 1 point and pegged at 289 (two hundred and eighty nine). On 1-month percentage change, it increased by (+) 0.35 percent between April, 2018 and May, 2018 when compare with the increase of (+) 0.36 percent between the corresponding months of previous year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 0.68 percentage points to the total change. At item level, Rice, Groundnut Oil, Fish Fresh, Poultry (Chicken), Eggs (Hen), Mik, Pure Ghee, Chillies Green, Onion, Brinjal, Cabbage, Carrot, French Bean, Green Coriander Leaves, Palak, Potato, Radish, etc. are responsible for the increase in index. owever, this increase was checked by Wheat, Wheat Atta, Mustard Oil, Chillies Dry, Lady's Finger, Mango (Ripe), Torai, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 3.96 percent for May, 2018 as compared to 3.97 percent for the previous month and 1.09 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 1.66 percent against 1.33 percent of the previous month and (-) 1.63 percent during the corresponding month of the previous year.

At centre level, Sholapur and Bhilai reported the maximum increase of 6 points each followed by Pune, Kodarma and Godavarikhani (5 points each). Among others, 4 points increase was observed in 2 centres, 3 points in 6 centres, 2 points in 18 centres and 1 point in 15 centres. On the contrary, Chhindwara, Darjeeling, Jalandhar, Jaipur and Ghaziabad recorded a maximum decrease of 2 points each. Among others, 1 point decrease was observed in 12 centres. Rest of the 15 centres' indices remained stationary.

The indices of 36 centres are above All-India Index and 9 centres' indices are below national average. The indices of Mumbai, Jabalpur and Chhindwara centres remained at par with All-India Index.
The next issue of CPI-IW for the month of June, 201 will be released on Tuesday, 31st July, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

PIB

Consumer Price Index Numbers for Industrial Workers

Consumer Price Index Numbers for Industrial Workers

“Consumer Price Index Numbers for Industrial Workers on base 2001=100 are being compiled and maintained by Labour Bureau, Ministry of Labour & Employment in respect of All-India and 78 constituent centres. The All-India Index for CPI-IW is a weighted average index of centres’ indices. These indices are compiled on monthly basis and are released on the last working day of the succeeding month”.

CPI for Industrial Workers

The Labour Bureau compiles and maintains segment specific three different series of Index numbers viz. (i). Consumer Price Index Numbers for Industrial Workers on base 2001=100, (ii). Consumer Price Index Numbers for Agricultural Labourer on base 1986-87=100, (iii). Consumer Price Index Numbers for Rural Labourer on base 1986-87=100.

Besides, the Consumer Price Index encompassing the entire rural and urban population is compiled by the Central Statistics Office, Ministry of Statistics &Programme Implementation.

These indices measure relative changes in prices of selected goods and services consumed by indexed population over a period of time.

 

Consumer Price Index Numbers for Industrial Workers Consumer Price Index Numbers for Industrial Workers on base 2001=100 are being compiled and maintained by Labour Bureau, Ministry of Labour & Employment in respect of All-India and 78 constituent centres. The All-India Index for CPI-IW is a weighted average index of centres’ indices. These indices are compiled on monthly basis and are released on the last working day of the succeeding month.

Consumer Price Index Numbers for Agricultural and Rural Labourers The Labour Bureau is also compiling CPI Numbers for Agricultural and Rural Labourers separately for 20 States and All-India. These indices are released on monthly basis by 20th of every succeeding month.
The all-India CPI for Industrial workers at the beginning of financial year 2012-13, i.e., in the month of April, 2012 was 205 with an increase of 1.99 per cent over the month March, 2012. This rise was mainly on account of Food Items and Vegetables in particular. The next highest increase of 1.92 per cent in the index was recorded during the month of July, 2012, attributed to food items, specifically cereals and vegetables.

In case of CPI-AL/RL, the proportionate change in monthly indices as compared to previous months was reported due to changes (rise/fall) in the prices of food items, particularly cereals & vegetables.

 

The headline inflation used as a macro economic indicator is based on Wholesale Price Index (WPI) compiled by the office of Economic Advisor, Department of Industrial Policy &Promotion, Ministry of Commerce & Industry. Inflation reflecting change in retail prices of goods and services consumed by the working population is measured with the help of CPI (IW). A comparative statement indicating the inflation rates during January, 2012 to January, 2013 in respect of WPI and CPI (IW) is given in the Annexure.

 The Government has undertaken a series of policy measures aimed at curbing inflation. These measures, inter-alia, include appropriate monetary measures intended to have desired impact on the demand side. The monetary policy however had to take into account the overall economic situation as manifested in declining growth rate. Besides, necessary fiscal and administrative measures were undertaken to ensure desired effect on the overall supply situation. Some of the important fiscal and administrative measures are given below:

1. Fiscal Measures:

•  Reduced import duties to zero in respect of wheat, onion, pulses, crude palmolein etc.
• Duty-free import of white/raw sugar upto June 30, 2012. Presently the import duty for sugar has been kept at 10 per cent.

2. Administrative measures:

• Ban on export of onion from time to time depending on the domestic situation.
• Suspended Futures trading in rice, urad, tur, guar gum and guar seed.
• Banned export of edible oils (except coconut oil and forest based oil) and edible oils in blended consumer packs upto 5 kg with a capacity of 20,000 tons per annum and pulses (except Kabuli chana and organic pulses and lentils up to a maximum of 10,000 tonnes per annum).

• Imposed stock limits from time to time in the case of select essential commodities such as pulses, edible oil, and edible oilseeds.

The Minister of State for Labour & Employment Minister Shri Kodikunnil Suresh  gave this information in a written reply  in  Lok Sabha today.

 

ANNEXURE

 

Statement showing Year-on-Year inflation rates during January, 2012 to January, 2013.

 

Sr. No.	Month	WPI with Base 2004-05	CPI(IW) with base 2001
1	Jan-12	7.23	5.32
2	Feb-12	7.56	7.57
3	Mar-12	7.69	8.65
4	Apr-12	7.5	10.22
5	May-12	7.55	10.16
6	Jun-12	7.58	10.05
7	Jul-12	7.52	9.84
8	Aug-12	8.01	10.31
9	Sep-12	8.07	9.14
10	Oct-12	7.32	9.6
11	Nov-12	7.24	9.55
12	Dec-12	7.18 (Provisional)	11.17
13	Jan-13	6.62 (Provisional)	11.62

PIB

Three types of Consumer Price Index Numbers maintained by Labour Bureau

Three types of Consumer Price Index Numbers maintained by Labour Bureau

Calculation of CPI

The Labour Bureau has been compiling and maintaining three different series of Consumer Price Index numbers viz. (i) Consumer Price Index Numbers for Industrial Workers (CPI-IW) on base 2001=100, (ii) Consumer Price Index Numbers for Agricultural Labourer on base 1986-87=100, (iii) Consumer Price Index Numbers for Rural Labourer on base 1986-87=100.

These index numbers measure a temporal change in prices of fixed basket of goods and services consumed by the target groups and are compiled on the basis of the prices of selected goods and services which are collected every week/month and the weights assigned to them. Weights to the selected items are assigned on the basis of the expenditure incurred on them as revealed by the surveys conducted for the purposes.

The index numbers for centre/state are compiled in several stages i.e. Sub-group, Group and General level. These centre/state level indices are then weighed to work out all-India indices.

The weights (Group / Sub-group wise) under  Consumer Price Index for Industrial Workers on base 2001=100 and Consumer Price Index Numbers for Agricultural Labourer / Rural Labourer on base 1986-87=100 are given at Annexure.

The services like education, health/medicine, transportation are included in the compilation of all three Consumer Price Index Numbers. The details of the weights assigned to services like education, health/medicine, transportation, etc. are given in Annexure.

There is substantial increase in the weights attached to services like education, health/medicine, transportation in successive series of Consumer Price Index number for Industrial Workers which is revealed from the statement given below:

1. Consumer Price Index numbers for Industrial Workers on base 2001=100

Group/Sub-group	Weights		Percentage increase / decrease
	Base 1982=100	Base 2001=100
Medical Care	2.59	4.56	76.06
Education, Recreation & Amusement	3.14	6.18	96.82
Transport & Communication	2.65	4.87	83.77
Personal Care & Effects	3.31	4.22	27.49

2.  For Consumer Price Index Numbers for Agricultural Labourer / Rural Labourer on base 1986-87=100, there was no separate sub-groups in respect of Education, Health / Medicine and Transportation in the previous series i.e. 1960-61=100. However, the weights assigned to them during the current series i.e. 1986-87=100 are as under:

Group/Sub-group	Weights
	AL	RL
Medical Care	4.38	4.23
Education, Recreation & Amusement	0.94	0.99
Transport & Communication	1.67	1.80
Personal Care & Effects	2.04	2.28

The Union Labour & Employment Minister Shri Mallikarjun Kharge gave this information in a written reply  on 27th August, 2012.

Annexure

All India weights Group / Sub group wise for Consumer Price Index Number  for Industrial Worker on base 2001=100 and Consumer Price Index Number for Agricultural & Rural Labourers on base 1986-87=100.

Sr.No.	Group / Sub group	Weight for
		CPI-W 2001-100	CPI-AL 1986-87=100	CPI-RL 1986-87=100
I	Food Group
	Cereals and Products	13.48	40.94	38.15
	Pulse and Products	2.91	3.39	3.40
	Oil and Fats	3.23	3.83	3.79
	Meat, Fish and Eggs	3.97	3.10	3.31
	Milk and Product	7.31	3.74	3.94
	Condiments and Spices	2.57	4.12	3.92
	Vegetable and Fruits	6.05	5.06	5.05
	Other food	6.68	4.97	5.21
	Total Food Group	46.20	69.15	66.77
	Pan, Supari, tobacco and intoxicants	2.27	3.79	3.70
II	Fuel and Light	6.43	8.35	7.90
III	Housing Group	15.27	-	-
IV	Clothing, Bedding and Footwear	6.57	6.98	9.76
V	Miscellaneous
	Medical Care	4.56	4.38	4.23
	Education, Recreation and Amusement	6.18	0.94	0.99
	Transport and Communication	4.87	1.67	1.80
	Personal Care and Effects	4.22	2.04	2.28
	Others	3.43	2.70	2.57
	Total Miscellaneous Group	23.26	11.73	11.87
	Total	100	100	100

Source: Central Government News