Most countries update their inflation baskets every five years to track evolving consumption. India's CPI has relied on 2012 ...
India has launched a revised Consumer Price Index (CPI) with 2024 as the new base year, cutting food weight and boosting services, housing and digital spending components. From OTT subscriptions to ...
In January 2026, India's retail inflation rose to 2.75%, the first figure from an updated Consumer Price Index series. This ...
As per the report, the January 2026 reading of headline CPI came in at 2.8 per cent, in line with the bank's estimate of 2.9 ...
The revised CPI basket reduces the weight of food and raises the share of non-food items, potentially pushing January’s inflation print closer to 3% under the new series despite negative food ...
India rebases its CPI to 2023-24 from 2011-12 with revised weightings and expanded coverage. Here’s how retail inflation is ...
Due to the new series, inflation is seen to be lower than earlier-projected, giving room for the central bank to extend the ...
The weight of food and beverages will be cut to 36.75 per cent in the new consumer price index (CPI) series from 45.86 per cent currently ...
The revised basket also reflects the growing importance of services, discretionary consumption and urban lifestyles, with the ...
Experts recommend reducing food and beverage weight in CPI to enhance stability in inflation measurements ahead of 2024 data release.
Food items, often blamed for sharp volatility in inflation, will carry significantly less weight in determining consumer ...
MoSPI Secretary Saurabh Garg discusses the salient features of the 2024-base Consumer Price Index (CPI) series ahead of its ...