In September 2023, the All-India Consumer Price Index for Industrial Workers (AICPIN) decreased by 1.7 points to 137.5, marking a 1.22% decrease from the previous month. This dip contrasts with a 0.84% increase in the same period the previous year. The index is heavily influenced by the price of food and beverages, especially items like fish, mustard oil, and certain vegetables. Certain items like rice and dairy milk applied upward pressure on the index. Year-on-year inflation for the month was 4.72%.
All India Consumer Price Index Number (AICPIN)
The AICPIN is calculated based on the changes in the prices of a basket of goods and services that are typically purchased by urban and rural households in India. These items include food, clothing, housing, fuel, and other essential commodities. The AICPIN is used to assess the impact of inflation on the general population and is a crucial factor in determining various economic policies, such as adjustments in dearness allowance for government employees.
AICPIN for the Month of August 2023
The All-India CPI-[W for August, 2023 decreased by 0.5 points and stood at 139.2 (one hundred thirty nine point two).
AICPIN for the Month of July 2023
The All-India CPI-IW for July, 2023 increased by 3.3 points and stood at 139.7 (one hundred thirty nine point seven).
AICPIN for the Month of June 2023
The All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4 (one hundred thirty six point four). The same will also be available on the office website www.labourbureau.gov.in.
AICPIN for the Month of May 2023
The All-India CP1-1W for May. 2023 increased by 0.5 points and stood at 134.7 (one hundred thirty four point seven)