DA from July 2015 estimated to be 119% on basis of trend in CPI-IW with 6% increase from present DA – Labour Bureau releases CPI-IW for April 2015
Labour Bureau, Government of India has released the All India Consumer Price Index for Industrial Workers (AICPI-IW) for April 2015. As against the flat and reducing Trend CPI-IW in the recent past, the index has increased by 2 points and moved from 254 to 256.
In the press release issued by Labour Bureau it is stated that maximum upward pressure to the change in current index came from Food group. This increase in these commodities may be due to recent hike in fuel prices
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