Search For "base year 2024"
Revised CPI basket signals shift toward services, lower food weight, infla
Updated : 1 week, 1 day ago IST
The new Consumer Price Index (CPI) series with base year 2024 reflects significant structural changes in consumption patterns and inflation measurement, but is unlikely to materially alter the overall inflation outlook, according to a report by SBI Research.
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CPI inflation for January recorded at 2.75% under new base year
Updated : 4 weeks, 1 day ago IST
Under the new arrangement, the base year has been revised from 2012 to 2024 using Household Consumption Expenditure Survey 2023-24. Further, now there are 12 Divisions in place of 6 Groups in accordance to Classification of Individual Consumption According to Purpose (COICOP) 2018. The year-
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Inflation needs monitoring in FY27 as new CPI series kicks in: SBI Researc
Updated : 1 month ago IST
The trajectory of inflation needs to be monitored before taking a monetary policy call by the Reserve Bank in 2026-27, with the Consumer Price Index (CPI) series set to come into effect soon, said SBI Research in a report.
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