AICPIN-IW (All India Consumer Price Index Number for Industrial Workers) on base 2001=100 for the month of July, 2011 increased by4 points and stood at 193 points. The AICPIN for the month of June 2011 was 189 & May 2011 was 187 points and now there is an average rise of 4 points from the last month, June 2011.
The Consumer price index is calculated on the basis of the difference in the price of necessary commodities like Rise, other serials, edible Oil, Pure Ghee, Milk, Pan Finished, Cooking Gas, Petrol, Washing Soap, Vegetable, Fruit etc. The maximum increase of 18 points recorded in Bhilai centre and the maximum decrease of 2 points recorded in Salem Centre.
The indices in respect of the six major centers are as follows :
1. Ahmedabad 188
2. Bangalore 194
3. Chennai 168
4. Delhi 178
5. Kolkata 186
6. Mumbai 194
The All-India (General) point to point rate of inflation for the month of July, 2011 is 8.43% as compared to 8.62% in June, 2011.The CPI-IW for August, 2011 will be released on the last working day of September, 2011.
The rate of General inflation in India for the month June is 8.92% and it was of May, 2011 was 8.72%, April, 2011 is 9.41% and it was on March, 2011 was 8.82%.
When calculate the Dearness Allowance for Government Employees, the All India Consumer Price Index Number for Industrial Workers (AICPIN-IW) will consider, which assumes that the cost of living is increased that much.
All India Consumer Price Index – May, 2011