Sunday, 2 September 2012

AICPIN(IW) for the Month of July 2012 is 212

AICPIN (IW)All-India Consumer Price Index Number for Industrial Workers (AICPIN-IW) increased  by four points and stood at 212. This is 4 point increase from the AICPIN (IW) for the month of June 2012, a steep increase of four points.

The increase in AICPIN (IW) is from the difference in change or price of daily using food items such as rise, Atta, vegetables, pulses, chicken and edible oils. This time the elevated house rent also affected the increase of AICPIN (IW). The difference in price of petrol also affected the Index.

Highest increase of 18 points recorded in Durgapur center and Howrah center shows a downward tendency in index number. In three centers the index number is remained stable.

For Calculating Dearness allowance to Central Government Employees AICPIN (IW) is considered with the expectation that an increasing in Consumer Price Index increase the cost of living of the people. So Dearness allowance is changing accordingly. See the changes in D.A in each months AICPIN(IW)

Read the AICPIN (IW) Press Release for more details

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