Calculating inflation involves four key processes: identifying the items for which price data is collected; classifying and weighing them, identifying the markets from which to collect data; and using all of the above to make an index which is statistically sound. The new series of the Consumer Price Index (CPI), which is the basis for […]
The retail inflation under the revised Consumer Price Index (CPI) series stood at 2.75 per cent in January, the first reading with a new base year of 2024, the Statistics Ministry said on Wednesday. The updated series aims to better reflect current household spending patterns. Officials cautioned that the January print is not directly comparable […]
India’s annual retail inflation quickened to 1.33% in December from 0.71% in November, as the decline in food prices moderated, government data showed on Monday. A worker unloads sacks of onions from a truck, at a wholesale vegetable market in Jalandhar (PTI) Food prices fell 2.71% year-on-year in December against a decline of 3.91% year-on-year […]
India’s retail inflation rate fell to its lowest on record in October 2025 due to a sharp drop in food inflation and GST rate cuts. Vegetable prices declined 27.57% after a 21.38% fall a month ago. (ANI) The consumer price index — a measure of India’s retail inflation — rose 0.25% from a year earlier, […]