All India Consumer Price Index (CPI-IW) for the Month of March 2015 released

All India Consumer Price Index (CPI-IW) for the Month of March 2015 released – CPI-IW is at 254 after one Point increase

All India Consumer Price Index (CPI-IW) for March 2015 has been released by Labour Bureau, Ministry of Labour and Employment. There is an increase of One Point in CPI-IW compared to the index level in February 2015.

Table of Consumer Price Indices for the months from July 2014, required to estimate DA from July 2015

Check the following link to estimate DA from July 2015 on the basis of CPI-IW released as on date

Must Read: Estimation of DA from July 2015 – 4% to 6% predicted

Text of Press Release of Labour Bureau on All India Consumer Price Index for March 2015

Consumer Price index for industrial Workers (CPI-IW) – March, 2015

The All-India CPI-IW for March, 2015 increased by 1 point and pegged at 254 (two hundred and fifty four). On I -month percentage change, it increased by (+) 0.40 per cent between February, 2015 and March, 2015 when compared with the increase of (+) 0.42 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 0.57 percentage points to the total change. At item level, Wheat, Arhar Dal, Goat Meat, Fish Fresh. Milk (Buffalo & Cow), Vegetable & Fruit items, Tea (Readymade), Firewood. Doctor’s Fee, Private Tuition Fee, Petrol, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted by Rice, Eggs (Hen). Onion, Potato, Sugar, Electricity Charges, FLower/Flower Garlands. etc.. putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.28 per cent for March. 2015 as compared to 6.30 per cent for the previous month and 6.70 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.98 per cent against 7.42 per cent of the previous month and 7.50 per cent during the corresponding month of the previous year.

At centre level, Goa and Ghaziabad reported the highest increase of 10 points each followed by Bhavnagar (7 points), Lucknow (5 points), Indore, Varanasi and Chhindwara (4 points each). Among others, 3 points increase was observed in 10 centres, 2 points in 4 centres and 1 point in 21 centres. On the contrary. Tiruchirapally centre recorded a maximum decrease of 12 points followed by Belgaum (4 points) and Doom Dooma Tinsukia (3 points). Among others, 2 points decrease was observed in 5 centres and 1 point in 10 centres. Rest of the 18 centres’ indices remained stationary.

The indices of 37 centres are above All India Index and other 39 centres indices are below national average. The index of Vishakhapathnam and Chhindwara centres remained at par with All-India index. The next index of CPI-1W for the month of April, 2015 will be released on Friday, 29th May. 2015. The same will also be available on the office website www.labourbureau.gov.in

Source: Labour Bureau