AICPIN for June 2023 – DA and DR Calculation for CG Employees

AICPIN for the month of June 2023 – DA Calculation for CG Employees and Pensioners

June 2023 witnessed a slight upswing in the All-India CPI-IW, with a rise of 1.7 points, resulting in a value of 136.4. When considering the percentage shift over a one-month period, it demonstrated a noteworthy growth of 1.26 percent compared to the previous month. This surge is considerably greater than the meager 0.16 percent increase observed during the same timeframe one year ago.

Press Release

Consumer Price Index for Industrial Workers (2016=100) – June, 2023

The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of June, 2023 is being released in this press release.

The All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4 (one hundred thirty six point four). On 1-month percentage change, it increased by 1.26 per cent with respect to previous month compared to increase of 0.16 per cent recorded between corresponding months a year ago.

The maximum upward pressure in current index came from Food & Beverages group contributing 1.62 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta, Arhar Dal, Moong Dal, Fish Fresh, Poultry Chicken, Egg-Hen, Apple, Banana, Brinjal, Carrot, Ginger, Cauliflower, Chili Green, Potato, Onion, Tomato, Cumin seed/Jira, Supari, Casual Wear, Canvas Shoes, Utensil, Medicine ayurvedic, etc. are responsible for the rise in index. However, this increase was largely checked by Mustard Oil, Palm Oil, Sunflower Oil, Coconut Oil, Lemon, Mango, Kerosene Oil, etc. putting downward pressure on the index.

At centre level, Angul-Talchar recorded a maximum increase of 8.5 points followed by Raipur and Labac-Silchar with 6.8 and 6.3 points respectively. Among others, 3 centres recorded increase between 5 to 5.9 points, 2 centres between 4 to 4.9 points, 10 centres between 3 to 3.9 points, 11 centres between 2 to 2.9 points, 28 centres between 1 to 1.9 points and 26 centres between 0.1 to 0.9 points. On the contrary, Mungel-Jamalpur recorded a maximum decrease of 1.1 point. Among others, 4 centers recorded decrease between 0.1 to 0.9 points.

Year-on-year inflation for the month stood at 5.57 per cent compared to 4.42 per cent for the previous month and 6.16 per cent during the corresponding month a year before. Similarly, Food inflation stood at 6.00 per cent against 3.24 per cent of the previous month and 6.73 per cent during the corresponding month a year ago.

Y-o-Y Inflation based on CPI-IW (Food and General)

All-India Group-wise CPI-IW for May, 2023 and June, 2023

CPI-IW: Groups Indices

The next issue of CPI-IW for the month of July, 2023 will be released on Thursday, 31st August, 2023. The same will also be available on the office website www.labourbureau.gov.in.

AICPIN June 2023: DA & DR Calc. for CG Employees

The highly anticipated AICPIN data for June 2023 will be unveiled on Monday, July 31, 2023. This crucial All India Consumer Price Index Number (AICPIN) plays a significant role in determining the Dearness Allowance percentage for Central Government employees and pensioners. However, the information will only be accessible at the end of the month. Remember to mark your calendars and visit this page on the specified date around 6.00 PM IST to stay updated with the latest developments regarding the AICPIN for June 2023.

For now, let’s examine the AICPIN for May 2023 to gain insights into recent trends. In May 2023, the All India CPI-IW experienced a slight increase of 0.5 points, reaching a value of 134.7. Comparing this figure to the previous month, there was a 0.37 percent rise. It’s worth noting, however, that this percentage change is lower than the 1.02 percent increase observed during the same period last year.

These numbers provide valuable insights into the evolving economic landscape and its potential impact on various aspects of our lives. Therefore, it is crucial to stay tuned for the release of the AICPIN for June 2023, as it will offer significant information for individuals, businesses, and policymakers.

To obtain precise details about the Dearness Allowance percentage starting in July 2023, please access the provided hyperlink. This link will enable you to accurately calculate the DA and DR for different categories of central government employees, pensioners, and family pensioners from July 1, 2023.

Expected DA Calculator from July 2023