Monday, 31 January 2011

All India Consumer Price Index Numbers – Inflation is 9.47% for the Month of December, 2010

9.47% increase in inflation  recorded as All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of December, 2010 increased by three  point and reached 185.

This Consumer Price Index is calculated on the basis of the index price in 2001 is 100 and in July, 2010 it was 11.25%, in August 2010 it was 9.88% in September, 2010 the Consumer Price Index was 9.82%, in October, 2010 it was 9.7% and in November, 2010 it was 8.33%. 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

1. Ahmadabad             –          183


2. Bangalore                –          186


3. Chennai                    –         169


4. Delhi                        –          169


5. Kolkata                    –          180


6. Mumbai                   –          184


The difference in consumer price index influences the cost of living. So the Dearness allowance etc. is calculated without the difference of price index. Dearness allowance (July and January) is calculated on the basis of averages consumer price index for the last six months.

D.A from January 2011

As per our earlier post the chances of next DA will be 6%. Kindly see our earlier post.

Expected D.A for Central Government Employees is 6% from January 2011

The Impact when DA cover 50% range

Kindly see our earlier post for the impact of DA crosses 50% range

Expected Dearness Allowance from January 2011 and its impact

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2 comments :

  1. [...] not get the benefit of increasing Dearness Allowance. There is a 3 point hike in All India Consumer Price Index also in December [...]

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  2. [...] All India Consumer Price Index Numbers – Inflation is 9.47% for the Month of December, 2010 9.47% increase in inflation  recorded as All India Consumer Price Index Numbers for Industrial [...]

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