AICPIN for August 2024 and its impact on DA from January 2025
The Labour Bureau has released the All India Consumer Price Index for Industrial Workers AICPIN for August 2024, which stands at 142.6, showing a slight decrease from July’s 142.7. This figure will play a key role in determining the Dearness Allowance (DA) for central government employees, with the adjustment expected in January 2025.
Given the AICPIN trends over the past few months, the marginal drop in August could slightly affect DA projections for 2025. However, the overall inflation pattern seen earlier in the year suggests that the upcoming DA hike might still be significant. Based on current estimates, analysts are expecting an increase in DA in the range of 3-4% from January 2025. Check this DA Calculator
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Press Release
Consumer Price Index for Industrial Workers (2016=100) – August, 2024
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 month of August, 2024 is being released in this press release.
The All-India CPI-IW for August, 2024 decreased by 0.1 point and stood at 142.6 (one hundred forty two point six).
Year-on-year inflation for the month of August, 2024 stood at 2.44% as compared to 6.91% in August, 2023.
Y-o-Y Inflation based on CPI-IW (General)
All-India Group-wise CPI-IW for July, 2024 and August, 2024:
| Sr. No. | Groups | July, 2024 | August, 2024 |
| I | Food & Beverages | 150.4 | 149.7 |
| II | Pan, Supari, Tobacco & Intoxicants | 162.0 | 161.9 |
| III | Clothing & Footwear | 144.4 | 145.0 |
| IV | Housing | 131.6 | 131.6 |
| V | Fuel & Light | 148.8 | 148.9 |
| VI | Miscellaneous | 136.6 | 136.9 |
| General Index | 142.7 | 142.6 |
CPI-IW: Groups Indices
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