EXPECTED DEARNESS ALLOWANCE JULY 2014-AICPIN FOR THE MONTH OF FEBRUARY 2014

No. 5/1/2014-CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: the 31st March, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – February, 2014

The All-India CPI-IW for February, 2014 increased by 1 point and pegged at 238 (two hundred and thirty eight). On 1-month percentage change, it increased by 0.42 per cent between January, 2014 and February, 2014 when compared with the rise of 0.90 per cent between the same two months a year ago.



The largest upward pressure to the change in current index came from Miscellaneous group contributing 0.34 percentage points to the total change. At item level, Rice, Wheat, Moong Dal, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Medicine, Barber Charges, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Arhar Dal, Groundnut Oil, Onion, Vegetable & Fruit items, Sugar, etc. putting downward pressure on the index.



The year-on-year inflation measured by monthly CPI-IW stood at 6.73 per cent for February, 2014 as compared to 7.24 per cent for the previous month and 12.06 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.56 per cent against 8.94 per cent of the previous month and 14.98 per cent during the corresponding month of the previous year.



At centre level, Quilon recorded the highest increase of 9 points followed by Tiruchirapally & Conoor (6 points each) and Lucknow (5 points). Among others, 4 points rise was registered in 3 centres, 3 points in 2 centres, 2 points in 8 centres and 1 point in 10 centres. On the contrary, Chhindwara reported a decline of 5 points followed by Rourkela & Ajmer (4 points each), 3 points decline was observed in 6 centres, 2 points in 10 centres and 1 point in 12 centres. Rest of the 20? centres’ indices remained stationary.



The indices of 36 centres are above All-India Index and other 42 centres’ indices are below national average.



The next index of CPI-IW for the month of March, 2014 will be released on Wednesday, 30 April, 2014. The same will also be available on the office website www.labourbureau,gov. in.

(S.S.NEGI)

DIRECTOR

Source:http://labourbureau.nic.in/Press_IW_FEB2014.pdf