Monday 30 September 2013

FLASH FROM CHQ ---IDA FROM 01-10-2013 IS 85.5 %



 IDA INCREASE ONLY BY 6.6%

Consumer Price Index for June 2013                        231 points
Consumer Price Index for July 2013                         235 points
Consumer Price Index for August 2013                    237 points
Average for the three months                                    234.33 points
Merged points as on 1-1-2007                                     126.33
Increase over  126.33 points                                       234.33 - 126.33 = 108
Percentage of increase on 126.33                              108/126.33 x 100  =   85.49

IDA to be declared from October 2013:  85.5 %

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