AICPIN for the month of April 2021

AICPIN for the month of April 2021 increased to 120.1 points compared to 119.6 points for March, 2021

Consumer Price Index for Industrial Workers (2016=100) – April, 2021

Key Points

All-India Consumer Price Index for Industrial Workers (2016=100) for April, 2021 increased to 120.1 points compared to 119.6 points for March, 2021.

The increase observed in index is mainly due to items like Arhar Dal, Masur Dal, Fish Fresh, Goat Meat, Poultry Chicken, Eggs-Hen, Edible Oils, Apple, Banana, Grapes, Leechi, Orange, Papaya, Tea Leaf, Tea Hot-drink, Barber/Beautician Charges, Flowers/Flower Garlands, Doctor’s Fee, Rail Fare, Servicing Charges of Motor Cycle, Cable Charges, etc. which experienced an increase in prices.

Inflation for April, 2021 went down to 5.14 per cent compared to 5.64 per cent of previous month. Food inflation also declined to 4.78 per cent from 5.36 per cent in the previous month.

The All-India CPI-IW for April, 2021 increased by 0.5 points and stood at 120.1 (one hundred twenty and point one). On 1-month percentage change, it increased by 0.42 per cent with respect to previous month compared to an increase of 0.92 per cent recorded between corresponding months a year ago.

The maximum upward pressure in current index came from Food & Beverages group contributing 0.43 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Fish Fresh, Goat Meat, Poultry Chicken, Eggs-Hen, Edible Oils, Apple, Banana, Grapes, Leechi, Orange, Papaya, Tea Leaf, Tea Hot-drink, Barber/Beautician Charges, Flowers/Flower Garlands, Doctor’s Fee, Rail Fare, Servicing Charges of Motor Cycle, Cable Charges, etc. are responsible for the rise in index. However, this increase was largely checked by Rice, Onion, Bitter Gourd, Drum Stick, Lady Finger, Parval, Cooking Gas, Petrol, etc. putting downward pressure on the index.

At centre level, Jabalpur recorded maximum increase of 3.6 points followed by Raipur and Bhavnagar with 3.2 and 3.1 points respectively. Among others, 6 centres observed an increase between 2 to 2.9 points, 11 centres between 1 to 1.9 points and 49 centres between 0 to 0.9 points. On the contrary, Coonoor recorded a maximum decrease of 2.3 points. Among others, 3 centres observed a decline between 1 to 1.9 points and remaining 15 centres between 0 to 0.9 points.

Year-on-year inflation for the month stood at 5.14 per cent compared to 5.64 per cent for the previous month and 5.45 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 4.78 per cent against 5.36 per cent of the previous month and 6.56 per cent during the corresponding month a year ago.

All-India Group-wise CPI-IW for March and April, 2021

The next issue of CPI-IW for the month of May, 2021 will be released on Wednesday 30th June, 2021. The same will also be available on the office website www.labourbureaunew.gov.in.

Speaking about the latest index, Minister of State (I/C) for Labour and Employment Shri Santosh Gangwar said “the rise in index will result into increased wages of working class population by way of increase in dearness allowance payable to them.”

Further he added that “Decline in inflation during April, 2021 is a sign of respite for consumers which is mainly due to lower retail prices of vegetables.”

Director General of Labour Bureau Shri DPS Negi said that “the rise in Index during April, 2021 is in line with all other price indices compiled and released & Decline in inflation during the month has been observed across all retail price indices released by other Government agencies.”

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.

Check the Cumulative Revised Rate of DA from 1st July 2021