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7/16/2013

Expected DA from July, 2013 likely to be 90% after AICPIN of March, 2013

According the press release the the All-India CPI-IW for March, 2013 rose by 1 point and pegged at 224 (two hundred and twenty four).  This one point increase showing again showing confirm 9% increase in Dearness Allowance from July, 2013 same as last months' expectation.  But this months increase in AICPIN also increased the chances for DA hike from July, 2013 to be 10%.  Therefore Expected DA from July, 2013 may be 90% .  It is also more clear from following table:-
Expect-ationIncrease/ Decrease IndexMonthBase Year 2001 = 100Total of 12 MonthsTwelve monthly Average% increase over 115.76 for DADAannouncedor will be announced
1Nov-122182490207.5079.25%
80%
1Dec-122192512209.3380.83%
2Jan-132212535211.2582.49%82%
2Feb-132232559213.2584.22%84%
1Mar-132242582215.1785.87%85%
First
1Apr-132252602216.8387.31%87%
1May-132262622218.5088.75%88%
1Jun-132272641220.0890.12%90%
Jul-13
Expected DA from July-2013
90%

Second
2Apr-132262603216.9287.38%87%
2May-132282625218.7588.97%88%
2Jun-132302647220.5890.55%90%
Jul-13Expected DA from July-201390%
Third0Apr-132242601216.7587.24%87%
0May-132242619218.2588.54%88%
0Jun-132242635219.5889.69%89%
Jul-13
Expected DA from July-2013
89%

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

PIB Release of CPI-IW
- See more at: http://karnmk.blogspot.in/2013/05/expected-da-from-july-2013-likely-to-be-90-percent-after-march-2013-aicpin.html#sthash.RHzu2NHb.dpuf

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