AICPIN for June 2023: Expected DA from July 2023

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)

AICPIN JUNE 2023

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

Sr. No. Groups May, 2023     June, 2023
I Food & Beverages 133.7 137.8
II Pan, Supari, Tobacco & Intoxicants 155.5 156.0
III Clothing & Footwear 136.9 137.0
IV Housing 123.4 123.4
V Fuel & Light 181.7 181.5
VI Miscellaneous 132.3 132.6
  General Index 134.7 136.4

CPI-IW: Groups Indices

AICPIN JUNE 2023

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.

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