Thursday, May 31, 2012

DA RAISE UPTO MARCH 2012 AS PER CONSUMER PRICE INDEX


AICPIN for the month of March 2012

All-India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of March 2012.

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of March, 2012 increased by 2 points and stood at 201 (two hundred one).

During March, 2012, the index recorded maximum increase of 7 points each in Bhilwara, Vijaywada and Salem centres, 6 points each in Belgaum, Ajmer, Ghaziabad and Mundakkayam centres, 5 points in 3 centres, 4 points in 6 centres, 3 points in 12 centres, 2 points in 19 centres and 1 point in 19 centres. The index decreased by 2 points in Tripura centre and 1 point each in Darjeeling, Sholapur and Puducherry centres, while in the remaining 8 centres the index remained stationary.

The maximum increase of 7 points each in Bhilwara, Vijaywada and Salem centres is mainly due to increase in the prices of Rice, Wheat, Groundnut Oil, Poultry (Chicken), Vegetable & Fruit items, Bidi, Cigarette, Dhoti (Cotton), Saree (Synthetic), Shirting Cloth (Synthetic), Trouser Cloth (Synthetic), Medicine (Allopathic), Toilet Soap, Tailoring Charges, etc. The increase of 6 points each in Belgaum, Ajmer, Ghaziabad and Mundakkayam centres is due to increase in the prices of Rice, Wheat, Jowar, Groundnut Oil, Milk (Buffalo), Vegetable & Fruit items, Tea (Readymade), Snack (Sweet), Snack (Saltish), Firewood, Saree (Synthetic), Toilet Soap, Tailoring Charges, etc. The decrease of 2 points in Tripura centre is due to decrease in the prices of Rice, Wheat Atta, Fish Fresh, Onion, Vegetable items, Sweater, etc.

The indices in respect of the six major centres are as follows :
1. Ahmedabad – 201
2. Bangalore – 206
3. Chennai – 187
4. Delhi – 185
5. Kolkata – 190
6. Mumbai – 204

The point to point rate of inflation based on CPI-IW(General) for the month of March, 2012 is 8.65% as compared to 7.57% in February, 2012. Inflation based on Food Index attained the level of 8.16% in March, 2012 as compared to 5.08% in February, 2012.

The CPI-IW for April, 2012 will be released on the last working day of the next month, i.e. 31st May, 2012.

Source PIB