AICPIN Index Table FEB 2023
The AICPIN, or All-India Consumer Price Index for Industrial Workers, gauges the expenses of everyday goods and services utilized by industrial workers in India, such as food, housing, clothing, and fuel. The Indian government takes AICPIN scores into consideration when computing the Dearness Allowance (DA) granted to workers to offset the effect of inflation on their salaries.
The February 2023 AICPIN report is scheduled for release on March 31, 2023. According to the most recent available statistics, it indicates a 0.5 point rise, resulting in a 0.38% increase from the previous month and a 0.24% drop compared to the same period last year. This data is accessible on the official Labour Bureau website. Investors, policymakers, and economists closely monitor AICPIN as a significant gauge of inflation in India.
Leave a Reply