AICPIN for May 2024: 5th Stage of Expected July 2024 DA Calculation Completed!
AICPIN for May 2024 Press Release PDF: In the month of May 2024, the Labour Bureau, an attached office of the Ministry of Labour and Employment, meticulously compiled the Consumer Price Index for Industrial Workers, denoted as 2016=100. This index is based on retail prices gathered from 317 markets situated across 88 industrially significant centers throughout the nation. The latest Consumer Price Index data for the month of May 2024 is being unveiled through this official press release. The All-India Consumer Price Index for Industrial Workers for May 2024 experienced a slight increase of 0.5 points, reaching a value of 139.9 (one hundred thirty-nine point nine). The year-on-year inflation rate for May 2024 exhibited a decline to 3.86%, a decrease from the recorded 4.42% in May 2023, indicating a relative moderation in price increases over the specified time period.
AICPIN for May 2024 is 139.9
AICPIN May 2024 Table
In the latest release of Consumer Price Index Industrial Workers (CPI-IW) data by the Labour Bureau, the All-India CPI-IW for April 2024 saw a modest increase of 0.5 points, bringing it to a value of 139.4. This figure captures the cost of living for industrial workers across various regions in India for the given month. Moving back to March 2024, the AICPIN reflected a slight decline of 0.3 points, settling at 138.9. In February 2024, the CPI-IW experienced a marginal uptick of 0.3 points, reaching a value of 139.2.
Looking further back to January 2024, the AICPIN rose by 0.1 point, standing at 138.9. This incremental change resulted in a 0.07% increase from the previous month, contrasting with a 0.38% rise observed during the same timeframe a year ago. These fluctuations in the AICPIN play a crucial role in understanding economic trends and adjustments in the cost of living index, providing valuable insights into the economic landscape for policymakers and analysts alike.
| Month & Year | AICPIN |
| January 2024 | 138.9 |
| February 2024 | 139.2 |
| March 2024 | 138.9 |
| April 2024 | 139.4 |
| May 2024 | 000.0 |