Saturday, 30 October 2010

All India Consumer Price Index Numbers -Inflation is 9.82% for the Month of September, 2010

9.82% increase in inflation  recorded as All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of September, 2010 increased to one point and reached 179.

In July 2010 it was 11.25 %. This Consumer Price Index is calculated on the basis of the index price in 2001 is 100 and In August 2010 it was 9.88%. 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 centers are as follows

Ahmadabad                          -         176


Bangalore                              -          185


Chennai                                -          162


Delhi                                    -          169


Kolkata                                 -          176


Mumbai                               -           178


The difference in consumer price index influences the cost of living. So the Dearness allowance etc. is caculated witht he difference of price index. Dearness allowance  (July and January) is calcuated on the basis of avearges consumer price index for the last six months.

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8 comments :

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  3. I should digg your post so other people can see it, very helpful, I had a tough time finding the results searching on the web, thanks.

    - Mark

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  7. Sir, you are requested to explain that how to consider or calculate city index points. (For example chennai shows 162)

    ReplyDelete