AUGUST INDEX INCREASED – EXPECTED I.D.A. 01.10.2020
Consumer Price Index for the month of July 2020 increased by 4 points and stood at 336.
Plus or Minus 3 points in AICPI for August will result in a 5.8 or 4.2% increase in IDA from 1st October. In case of no increase/decrease in AICPI for August, the IDA increase from 1st October will be 5%