The Retail CPI inflation for December, 2014 is 5% on year to year against 4.38 % for the month of November, 2014.
Accordingly the rate of inflation of CPI FOR INDUSTRIAL WORKERS for the month of December , 2014 is likely to be
around 4.70% as against 4.12% of November, 2014..
If this rate of inflation is applied to CPI of 239 for the month of December, 2013, the CPI_IW for December, 2014 will
be 250.and likely DR/DA slabs from 02/2015 may be 46 as per below:-
| Oct-14 | 253 |
| Nov-14 | 253 |
| Dec-14 | 250 |
| 252 | |
| Avg b1960 | 5752.127 |
| Last Avg | 5568 |
| Diff | 184.1268 |
| DA Slabs | 46.0317 |
| 46 slabs |
AND FOR GOVERNMENT EMPLOYEES ; 06% WEF 01/2015
| GOI | |
| Month | CPI=2001 |
| Jan-14 | 237 |
| Feb-14 | 238 |
| Mar-14 | 239 |
| Apr-14 | 242 |
| May-14 | 244 |
| Jun-14 | 246 |
| Jul-14 | 252 |
| Aug-14 | 253 |
| Sep-14 | 253 |
| Oct-14 | 253 |
| Nov-14 | 253 |
| Dec-14 | 250 |
| 2960 | |
| Avg | 246.6666667 |
| Constant | 115.76 |
| Diff | 130.9066667 |
| **DA% | 113.0845427 |
| Last DA% | 107 |
| Inc/Dec | 6.084542732 |
| + | 6% |
**AFTER multiplying Diff by (100/115.76)
Dearness allowance (01.01.2015)= (246.6667-115.76)*100/115.76=113.085
- DA (after ignoring fraction)=113 %
- So Rate of DA expected from 01.01.2015 is 113 %
- The rate of increase will be 6 % (107% to 113%).
