Big News: All India CPI-IW for June 2024 Jumps by 1.5 Points—DA to Rise to 53% in July 2024

The AICPIN – All India CPI-IW for June 2024 increased by 1.5 point and stood at 141.4 (one hundred forty one point four)

All India CPI-IW for June 2024 – July 2024 DA

Following the publication of the All India Consumer Price Index Number – AICPIN for June 2024, the calculation formula for Dearness Allowance (DA) indicates that the DA rate will rise by 3%, increasing from 50% to a total of 53%. This adjustment will be applicable to all central government employees and pensioners receiving Dearness Relief, effective from 1st July 2024

Government of India
Ministry of Labour & Employment
Labour Bureau

Shram Bureau Bhawan, Block No.2
Institutional Area, Sector 38 (West)
Chandigarh
Dated 05.7.2024

F.No.5/1/2021-CPI

Press Release

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 for the months of June, 2024 is being released in this press release.

2.The All-India CPI-IW for June, 2024 increased by 1.5 point and stood at 141.4 (one hundred forty one point four). ‘

3.Year-on-year inflation for the month of June, 2024 moderated to 3.67% as compared to 5.57% in June, 2023.

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

4.All-India Group-wise CPI-IW for May, 2024 and June,2024:

CPI-IW: Groups Indices

Calculate the July 2024 DA Here

View the Press release Pdf