AICPIN for May 2024 Press Release PDF | Dearness Allowance Calculation Concluded!
AICPIN for May 2024 Press Release: The Labour Bureau recently released the press release for the AICPIN (All India Consumer Price Index) points for the month of May 2024. According to the statistics data, the Consumer Price Index numbers saw an increase of 0.5 points, bringing the total to 139.9. This development is crucial as it has led to an increase in the Dearness Allowance to 52.93%, and there are predictions that it may surpass 53% in the upcoming month. This adjustment in the allowance will have significant implications for various sectors and individuals relying on it for their financial stability.
AICPIN for May 2024 = 139.9
DA Calculation for May 2024
M/Y | AICPI 2001 | AICPI 2016 | DA% |
Jan-2024 | 400 | 138.9 | 50.85 |
Feb-2024 | 401 | 139.2 | 51.46 |
Mar-2024 | 400 | 138.9 | 51.97 |
Apr-2024 | 401 | 139.4 | 52.45 |
May-2024 | 403 | 139.9 | 52.92 |
Jun-2024 | Expected | 139+ | 53+ |