Friday, 30 September 2016

IDA increase from 1-10-2016 is 5.5%

30/09

IDA INCREASE FROM TOMORROW:5.5

Labour Bureau of India has officially announced the Consumer Price Index for August 2016.

It is 278 points.

Index for June:277

Index for July:280

Index for August: 278

Average for 3 months: 278.33

Increase over 126.33: 152.00

Percentage of Increase: 120.3%

Rate of IDA from October 2016:120.3%

Existing rate: 114.8%

Increase in IDA:120.3 - 114.8= 5.5%

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