The All-India CPI-IW for September, 2012 was announced yesterday. It rose by 1 point and pegged at 215 (two hundred and fifteen). On 1-month percentage change, it increased by only 0.47 per cent between August and September as compared with 1.55% between the same months a year ago.
The largest upward contribution to the change in current index came from food items which increased by 0.87 per cent, contributing 0.68 percentage points to the total change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Grinding Charges, Arhar Dal, Eggs-Hen, Fish Fresh, Goat Meat, Milk-Buffalo, Tea (readymade), etc. Miscellaneous items like Electricity Charges, Fire wood, Medicine (Allopathic), etc. also put upward pressure in total change.
The Dearness allowance which is calculated based on the CPI-IW is likely to be 80% from January 2013
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