AICPIN for January 2024: Latest CPI for Industrial Workers Base Year 2016
What is the AICPIN for January 2024?
The All-India Consumer Price Index (CPI-IW BY-2016) for January 2024 increased by 0.1 point and stood at 138.9.
AICPIN, short for All India Consumer Price Index Numbers, serves as a crucial indicator of inflation trends in India. This index plays a pivotal role in determining the Dearness Allowance for government employees and pensioners across the nation.
The AICPIN data for January 2024 is especially significant as it forms the basis for calculating these allowances for the concerned individuals. Compiled meticulously by the Labour Bureau, an esteemed office operating under the Ministry of Labour & Employment, the Consumer Price Index for Industrial Workers (2016:100) for January 2024 reflects the prevailing economic conditions. This index is derived from extensive research, with retail prices meticulously collected from 317 markets spread across 88 industrially significant centers in India.
The release of this valuable data occurs on the final working day of the subsequent month, covering a broad spectrum of 88 centers nationwide. Noteworthy is the most recent data that highlights a marginal uptick in the All-India CPI-IW for January 2024, rising by 0.1 point to achieve a value of 138.9. This uptick represents a modest 0.07% increase from the preceding month’s figure, marking a stark contrast to the 0.38% surge recorded during the corresponding period of the previous year.
AICPIN for January 2024: Compare Previous Data
Year | Points |
AICPIN for Jan 2024 | 138.9 |
AICPIN for Jan 2023 | 132.8 |
AICPIN for Jan 2022 | 125.1 |
AICPIN for Jan 2021 | 118.2 |