Ravindra Dholakia

Any measurement error in CPI is likely to have grave consequences for monetary policy

New CPI Series

How many inflations are there?

In an unequal world, the CPI reflects prices only for a small segment of the population who are close to the average

India&rsquo;s new Consumer Price Index (CPI) series using 2024 as a base year, unveiled on Thursday. India&rsquo;s retail inflation rate stood at 2.75 per cent in January 2026, according to the updated Consumer Price Index (CPI) series released by the National Statistics Office on Thursday, with a base year of 2024 as opposed to the previous base year of 2012.

Page 12 - Consumer Price Index

Ahead of the meet, MPC member raises concerns over CPI calculation

How many inflations are there?