Expected DA from January, 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released

Expected DA from January, 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released

Expected DA from January, 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released

All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of Oct, 2017 has been released yesterday by Labour Bureau and increased by 2 points and pegged at 287 (two hundred and eighty seven). With this increase 7th CPC Dearness Allowance/Dearness Relief for Central Govt Employees and Pensioner w.e.f. the month from January, 2018 will be 7% with 2% increase in July, 2017 DA/DR. On the other hand the 6th CPC DA speculated to be 143% with 4% increase in present DA Rate. 

The speculation of month of Sept, 2017 while 5 points increase in All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of July, 2017 was indicating 7% 7th CPC Dearness Allowance with 2% increase & 142% 6th CPC DA with 3% increase in 6th CPC Dearness Allowance from January, 2018 has comes true after 3 months.

Only two months index is to be needed to give the calculated figure for the January, 2018 DA/DR but the confirm speculation is being given by the staffnews.in through the undermentioned table. The undermentioned speculations are checking the Expected DA by extreme up and down level of CPI(IW) Number. A major ups and down in index will give the confirm 7% 7th CPC DA and a minor change will give variation in 6th CPC DA as 142% or 143%. Have a look on expected DA table:-

Expected Dearness Allowance from January, 2018 Table by www.staffnews.in
Expectation /Order	Increase/ Decrease in CPI(IW)Index	Month	Base Year 2001 = 100	Total of 12 Months	Twelve monthly Average	% increase over 115.76 for 6CPC DA	% increase over 261.42 for 7CPC DA	6CPC DA announced or will be announced	7CPC DA announced or will be announced
DA from July, 2017	-1	Jan,17	274	3297	274.75	137.34%	5.10%	139%	5%
	0	Feb,17	274	3304	275.33	137.85%	5.32%
	1	Mar,17	275	3311	275.92	138.35%	5.55%
	2	Apr,17	277	3317	276.42	138.78%	5.74%
	1	May,17	278	3320	276.67	139.00%	5.83%
	2	Jun,17	280	3323	276.92	139.22%	5.93%
July-Index	5	Jul,17	285	3328	277.33	139.58%	6.09%	142%	7%
Aug-Index	0	Aug,17	285	3335	277.92	140.08%	6.31%
Sep-Index	0	Sep,17	285	3343	278.58	140.66%	6.57%
Oct-Index	2	Oct,17	287	3352	279.33	141.30%	6.85%
1st Situation total zero increase	0	Nov,17	287	3362	280.17	142.02%	7.17%
	0	Dec,17	287	3374	281.17	142.89%	7.55%
	Expected Dearness Allowance from January, 2018
2nd Situation total 8 pt increase	4	Nov,17	291	3366	280.50	142.31%	7.30%	143%	7%
	4	Dec,17	295	3386	282.17	143.75%	7.94%
	Expected Dearness Allowance from January, 2018
3rd Situation total 10 pt decrease	-5	Nov,17	282	3357	279.75	141.66%	7.01%	141%	7%
	-5	Dec,17	277	3359	279.92	141.81%	7.08%
	Expected Dearness Allowance from January, 2018
3rd Situation total 2 pt increase	1	Nov,17	288	3363	280.25	142.10%	7.20%	143%	7%
	1	Dec,17	289	3377	281.42	143.10%	7.65%
	Expected Dearness Allowance from January, 2018

You may also download/save the excel sheet for self calculation. The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

Expected DA from Jan, 2018: ACPIN (IW) for Oct, 2017 released - 2 Points increased

No. 5/1/2017-CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: 30th November, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - October, 2017

The All-India CPI-IW for October, 2017 increased by 2 points and pegged at 287 (two hundred and eighty seven). On l-month percentage change, it increased by (+)0.70 per cent between September, 2017 and October, 2017 when compared with the increase of (+) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.94 percentage points to the total change. At item level, Rice, Milk (Buffalo), Onion, Bitter Gourd, Brinjal, Cabbage, Cauliflower, Carrot, Gourd, Coconut, French Beans, Green Coriander Leaves, Lady’s Finger, Parval, Potato, Tomato, Torai, Cigarette, Cooking Gas, Doctor’s Fee, Cinema Charges, Repair Charges, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Fish Fresh, Poultry (Chicken), Chillies Green, Peas, Apple, Banana, Orange, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.24 per cent for October, 2017 as compared to 2.89 per cent for the previous month and 3.35 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.26 per cent against 1.30 per cent of the previous month and 2.99 per cent during the corresponding month of the previous year.

At centre level, Darjeeling and Tiruchirapally reported the maximum increase of (10 points each) followed by Munger-Jamalpur (8 points) and Puducherry (7 points). Among others, 6 points increase was observed in 2 centres, 5 points in 8 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 19 centres and 1 point in 14 centres. On the contrary, Mercara recorded a maximum decrease of 4 points. followed by Goa and Bhavnagar (3 points each). Among others, 2 points decrease was observed in l centre and 1 point in another 6 centres. Rest of the 6 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and 43 centres’ indices are below national average. The indices of Madurai and Amritsar centres remained at par with All-India Index.

The next issue of CPHW for the month of November, 2017 will be released on Friday, 29th December, 2017. The same will also be available on the office website www.labourbureaunew. gov. in. 

(AMRIT LAL JANGID)

DEPUTY DIRECTOR