Consumer Price Index for the month of June 2019 released – 2 point increase
All India Consumer Price Index for the month of June 2019 released – 2 point increase in AICPI (IW) – Consumer Price Index is the basis for determining Dearness Allowance of Central Government Employees including Railway Employees, Defence Personnel including Civilian Defence Employees and all Defence and Civilian Pensioners
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st July, 2019
Consumer Price Index for Industrial Workers (CPI-IW) June, 2019
The All-India CPI-IW for June, 2019 increased by 2 points and pegged at 316 (three hundred and sixteen). On 1-month percentage change, it increased by (+) 0.64 per cent between May, 2019 and June, 2019 when compared with the increase of (+) 0.69 per cent between the corresponding months of previous year.
The maximum upward pressure in current index came from Food group contributing (+) 1.93 percentage points to the total change. At item level, Rice. Arhar Dal, Groundnut Oil, Eggs (Hen), Fish Fresh, Goat Meat, Poultry (Chicken), Milk Buffalo, Pure Ghee, Chilies Green, Garlic, Ginger, Onion, Banana, Brinial, Cabbage, Carrot, French Bean, Green Coriander Leaves, Palak, Potato, Tomato, Cigarette, Doctor’s Fee, Medicine (Allopathic), Cable Charges, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Coconut & Coconut Oil, Lady Finger, Mango (Ripe), Parval, Electricity Charges, Petrol, etc., putting downward pressure on the index.
The year-on-year inflation based on CPI-IW stood at 8.59 per cent for June, 2019 as compared to 8.65 per cent for the previous month and 3.93 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.47 per cent against 5.21 per cent of the previous month and 0.97 per cent during the corresponding month of the previous year.
At centre level Coonoor, Hyderabad and Vijaywada observed the maximum increase of 8 points followed by Quilon (7 points). Among others, 6 points increase was observed in 6 centres, 5 points in 2 centres, 4 points in 9 centres, 3 points in another 9 centres, 2 points in 10 centres and 1 point in 21 centres. On the contrary, Srinagar recorded a maximum decrease of 3 points. Among others, 2 points decrease was observed in 3 centres and 1 point in 7 centres. Rest of the 6 centres’ indices remained stationary.
The indices of 35 centres are above All-India Index and 43 centres’ indices-are below national average.
The next issue of CPI-IW for the month of July, 2019 will be released on Friday 30th August, 2019. The same will also be available on the office website www.labourbureaunew.gov.in
(AMRIT LAL JANGID)