AICPIN for June 2024 Stands at 141.4
The All India Consumer Price Index Numbers (AICPIN) for June 2024 have been released. The AICPIN is an important economic indicator that measures the changes in prices paid by urban consumers for a basket of goods and services. In June 2024, the AICPIN stood at 141.4 showing a 1.5% increase compared to the previous month. This data provides valuable insights into the inflationary trends in the economy.
The rise in the AICPIN for June 2024 can be attributed to several factors such as increased prices of essential commodities, transportation costs, and housing expenses. This upward trend in the AICPIN indicates a potential rise in the overall cost of living for urban consumers. Policymakers and economists closely monitor the AICPIN data to assess the impact of inflation on the economy and to make informed decisions regarding monetary policies.
As per 7th CPC DA calculation formula, DA from July 2024 for Central Govt Employees 53% Confirmed! for Central Government employees and pensioners.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
F.No. 5/1/2021-CPI
Dated: 05.08.2024
Press Release
Consumer Price Index for Industrial Workers (2016=100) — June, 2024
1. 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.
All-India Group-wise CPI-IW for May, 2024 and June, 2024:
| S. N. | Groups | May, 2024 | June, 2024 |
| I | Food & Beverages | 145.2 | 148.7 |
| II | Pan, Supari, Tobacco & Intoxicants | 161.2 | 161.6 |
| III | Clothing & Footwear | 143.6 | 144.2 |
| IV | Housing | 128.4 | 128.4 |
| V | Fuel & Light | 149.5 | 148.8 |
| VI | Miscellaneous | 136.1 | 136.3 |
| General Index | 139.9 | 141.4 |
AICPIN for June 2024 Press Release PDF Download