Friday, 1 October 2010

All India Consumer Price Index Numbers Inflation is 9.88% for the Month of August, 2010

9.88% increase in All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of August, 2010

In July 2010 it was 11.25 %. This Consumer Price Index is calculated on the basis of the index price in 2001 is 100. This index rate is calculated on the basis of the price difference of essential things like Rice, Wheat Atta, Mustard Oil, Chillies , Clothing, Turmeric powder, vegetable, fish etc. etc.

The indices in respect of the six major centres are as follows :

1. Ahmadabad – 173

2. Bangalore – 182

3. Chennai – 161

4. Delhi – 1645.

5. Kolkata - 1756.

6. Mumbai – 175

The difference in index price influences the cost of living. So the Dearness allowance etc. are calculated with the difference of index price.

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