Consumer Price Index

New CPI series to use e-commerce, online sources for price data: Govt

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

Slower food deflation nudges retail inflation to 0.71% in November

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

Retail inflation may have remained muted in November, say economists

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

RBI's policy dilemma: To look at inflation or growth for rate action

A forward looking approach would prompt rate cut as H2 GDP growth likely to be softer

Retail inflation dropped to series low of 0.25% in Oct on base effects

In rural India, retail prices slipped into deflationary zone with the NSO reporting a 0.25 per cent drop in the CPI (Rural), compared to a 1.07 per cent increase in September

The uncertain comfort on prices: Inflation may stay low but risks rise

Inflation could stay low for some time, but should be viewed with caution amid global risks and climate change

Regulators have an issue to solve: Balancing dynamic pricing's cost

Pricing decisions rely on mathematical calculations. Over time, the practice has transitioned from a unitary method to probability

Stats ministry plans fresh look at CPI housing gauge, seeks public feedback

Housing is an important component of the CPI series as it has a weightage of 21.67 per cent in urban areas and 10.07 per cent at the all-India level in the current series

Fiscal policy strongly supportive of growth: RBI Deputy Guv Poonam Gupta

What India should aspire to be, a developed nation, an emerged nation, or an emerged market, is an important one, says Gupta

India's retail inflation slips to 99-month low of 1.54% in September

Inflation stood at 5.5 per cent in September 2024, with food prices rising over 9.2 per cent

Edible oil prices continue to pinch pockets as food inflation rises

Retail inflation inches up to 2.07% in August; edible oils, tomatoes, and precious metals see record price rise, with Kerala topping state-wise inflation charts

Retail inflation rises to 2.07% in Aug as decline in food prices slows

India's CPI rose slightly in August on a low base, with rural and urban prices diverging. Economists flag benefits for consumers but risks for government finances

BS poll: Food price rise may bump up August retail inflation rate

In August last year, the retail inflation rate stood at 3.65 per cent

China's consumer prices drop fastest in 6 months as factory deflation eases

Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports

GST cut a partial cushion against trade headwinds, says Mahesh Nandurkar

GST rate cuts are definitely positive for consumption, especially with the festival season approaching, says Nandurkar

Govt proposes 2022-23 as new base year for GDP and IIP: Minister

The government has proposed 2022-23 as new base year for the Gross Domestic Product (GDP) and Index of Industrial Production (IIP), and 2024 for Consumer Price Index (CPI), Parliament was informed on Wednesday. "The Ministry is underway to revise the base year of GDP, IIP and CPI. The base year is revised periodically to better capture the structural changes happening in the economy by updating the methodology of compilation and incorporation of new data sources," Minister of State for Statistics & Programme Implementation said in a written reply to Lok Sabha. For the CPI, list of items and their respective weights derived from the Household Consumption Expenditure Survey of 2023-24 is used in the revised index. The Ministry has conducted its first Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions from November 2024 to January 2025 and the findings of the survey have been published. The Ministry has also conducted a Pilot Study on Annual Survey of ...

Rate cut? Status quo likely in Aug monetary policy despite inflation dip

RBI set to lower inflation projection, but GDP growth estimate and policy stance may remain unchanged

For the RBI, managing households' inflation expectations is critical, too

It is now well known that expectations significantly affect economic outcomes. Therefore, central banks focus a great deal on managing inflation expectations

Inflation likely to be below RBI's target in FY26: FinMin review

The finance ministry's June 2025 review says inflation could fall below the RBI's 3.7% target, providing scope for further easing, though credit growth remains weak

Datanomics: Telangana slips into deflation, Andhra sees flat prices

Though Telangana saw deflation in June, this was not the first time. Around six and a half year ago, it witnessed deflation for two consecutive months of December and January