Retrogression has effect on CP as well as is evident from the following:
http://murthy.com/bulletin.html#2
2. Reminder : Priority Date Retrogression Expected
MurthyDotCom and MurthyBulletin readers recently were advised that priority dates will likely retrogress, or move backward, in both family and employment categories in 2005. The retrogression in employment-based categories could occur as early as January, according to the U.S. Department of State (DOS). The family retrogression is not expected until much later in the 2005 calendar year. More information is available on the topic of retrogression in our September 24, 2004 MurthyBulletin article, Priority Dates May Retrogress, available on MurthyDotCom. Since publication of that article we have received many questions on this topic and what it means in particular situations. Some questions and concerns are addressed here, with primary consideration given to employment-based cases, since retrogression of those cases is expected first.
BASICS
The Visa Bulletin priority date chart is the DOS's advisement as to whether or not there is an immigrant visa number available for any given case. Availability of an immigrant visa number is determined by the category of a case, the date it was first filed (priority date), and the beneficiary's country of origin. The most current DOS Visa Dates can be found on MurthyDotCom. Other details accompany the Visa Bulletin on the Department of State WebSite. In order to file an I-485, Application for Adjustment of Status, the priority date must be current, meaning that a visa number must be available. Once filed, in order for an I-485 to be approved, the priority date must be current.
The same rule applies when obtaining immigrant visas at the consulates abroad. In order for the immigrant visa to be issued, there must be an immigrant visa number available. Priority dates are current for all cases with priority dates BEFORE the date stated in the Visa Bulletin.