Highest DA Expected in January 2019: Even 5% Possible
Hello Friends, after getting DA hike in the range of 1% to 2%, Central Government Employees can expect good news in the form of highest DA hike in January, 2019.
This time DA hike may even touch 5% in Jan, 2019. After announcement of 10 point increase in CPI (IW) for the month of July (301 from 291), DA is already reached to the level of 10.37% in July itself.
Considering the inflationary trends, RBI’s recent reports about inflation, possibility of 5% DA hike can’t be ruled out. Chances of minimum 4% DA hike seems very high.
Scenario Analysis of DA Hike in January, 2019
Increase of three points henceforth for each coming month- 5% DA hike
Increase of One Point henceforth for each coming month- 4% DA hike
No hike henceforth in coming months- 3% DA hike
Position after Announcement of August, 2018 CPI (IW)
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Notes: Views are personal.
Actually DA may not be hiked as expected