Latest Updates on New CPI Series

Food's share in CPI falls sharply in 2024 series, boosting core inflation's role; rural weight declines but remains higher than urban consumption

India's new CPI series modernises inflation measurement, reshapes RBI policy signals, and underscores the need for more market-friendly data release timings

India's new CPI series reflects changing consumption patterns, digital services and better data, marking a major step forward in measuring inflation accurately

Although inflation remains well below the Reserve Bank of India's 4 per cent target, the new figures could prompt the central bank to hold off on any further rate cuts and push up bond yields further

CPI tracks retail price changes across India; January 2026 inflation data shifts to a new 2024 base year reflecting updated spending patterns

India's retail inflation gauge has evolved from fragmented worker-specific indices to a unified CPI framework that now anchors monetary policy and welfare decisions

The old-weight estimates place January CPI inflation at 2.5 per cent- 2.6 per cent, while the new-weight estimates span 2.45 per cent to 3.2 per cent

MoSPI's revised CPI modernises price collection, updates weights and aligns with global standards, reshaping how inflation trends are measured and interpreted

The RBI's MPC held rates steady, citing improved growth and benign inflation, while announcing regulatory steps to boost credit flow and strengthen digital payment safety

India's new CPI series, with lower food weight and higher core components, may nudge headline inflation higher but is expected to improve policy predictability and ease RBI's targeting

As RBI reviews its inflation-targeting framework ahead of 2026, former MPC members back the 4% CPI target, saying the model has anchored expectations despite global shocks

India will sharply reduce the food and beverages weight in the CPI basket as part of a 2024 base-year revamp, aiming to better capture evolving consumption patterns

CPI-food inflation peaked at 16.12 per cent in April 2018, while the lowest reading was recorded in April 2019

Gold inflation soared to 68.66 per cent, while silver witnessed a spike of 97.07 per cent amid festival demand

The government proposes to include online sources as well as e-commerce platforms to compute retail inflation in a bid to substantially improve reliability, accuracy, and overall quality of the consumer price index (CPI). Ministry of Statistics and Programme Implementation (MoSPI) is in the process of revising the base years for computing CPI, Index of Industrial Production (IIP) and Gross Domestic Product (GDP). The new series of CPI (consumer price index-based inflation) with base year (2024=100) data is scheduled to be released on February 12, 2026. The data on National Accounts with financial year 2022-23 as base year is scheduled to be released on February 27, 2026, while the new series of IIP data with base year 2022-23 will be released on May 28. MoSPI on Tuesday organised a pre-release consultative workshop on base revision of CPI, GDP and IIP. On inclusion of new data sources in CPI, the ministry said in addition to the data collected from physical outlets as being done i

Food deflation eases to -3.91%, rural inflation turns positive at 0.10%, but gold & silver surge above 58% keeps core elevated

Economists' projections ranged from 0.5 per cent on the lower end to 1 per cent, with the median projection at 0.7 per cent