Expected DA from November 2021
CPI IW data for the month of April and May 2021 is released that is 120.1 and 120.6.
Here we will assume the CPI IW figure for the month of June 2021 and check what will be the expected DA for bankers from the month of November 2021
Before calculating expected DA from November 2021 ,Let's first check the quarter for DA slabs and average CPI taken into consideration.
| S NO | Quarter | Average CPI |
|---|---|---|
| 1 | Quarter 1 = Feb , march , April |
Oct, Nov , Dec |
| 2 | Quarter 2 = May , June , July |
Jan , Feb , March |
| 3 | Quarter 3 = Aug , Sept, Oct |
April , May , June |
| 4 | Quarter 4 = Nov, Dec , Jan |
July, Aug , Sept |
Lets check whose assumption is accurate, enter the expected CPI IW value and check the details. Also metioned it in the comment , after release of actual figure we will check whose assumtion is correct.
| CPI for the month of July 2021 | |
CPI for the month of August 2021 |
|
| (Assumption)CPI for the month of September 2021 | |
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