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AICPIN for May 2024: 5th Stage of DA Calculation Completed!

AICPIN for May 2024: 5th Stage of Expected July 2024 DA Calculation Completed!

AICPIN for May 2024 Press Release PDF: As an integral part of the Ministry of Labour & Employment, the Labour Bureau meticulously assembles the Consumer Price Index for Industrial Workers on a monthly basis. This involves meticulously collecting retail price data from 317 markets spread across 88 key industrial centers nationwide. The insights gleaned from this data paint a comprehensive picture of the living expenses faced by industrial workers, shedding light on the price fluctuations that directly impact their day-to-day budget. With this announcement, we are presenting the latest findings for May 2024 to the general public. The most recent statistics indicate a slight increase of 0.5 points in the All-India CPI-IW for May 2024, reaching a total of 139.9. This uptick signifies a subtle change in the overall cost of living for industrial workers across the country.

AICPIN for May 2024 is 139.9

AICPIN May 2024 Table

May 2024 AICPIN Table Update: The most recent data release from the Labour Bureau unveils the All-India Consumer Price Index Industrial Workers (CPI-IW) for April 2024, which recorded a modest uptick of 0.5 points, bringing the index to 139.4. This metric represents the living expenses of industrial laborers in different regions of India for that month. Looking back to March 2024, the AICPIN showed a slight dip of 0.3 points, settling at 138.9. In February 2024, there was a marginal increase of 0.3 points, reaching a value of 139.2.

Reflecting on January 2024, the AICPIN saw a rise of 0.1 point, reaching 138.9. This minor change resulted in a 0.07% increment from the previous month, in contrast to a 0.38% surge witnessed during the same period a year ago. These fluctuations in the AICPIN are pivotal for comprehending economic patterns and adjustments in the cost of living index, offering significant insights into the economic scenario for policymakers and analysts.

Month & YearAICPIN
January 2024138.9
February 2024139.2
March 2024138.9
April 2024139.4
May 2024000.0