New Delhi, Feb 13 (IANS) The Consumer Price Index (CPI) is expected to remain below the 4 per cent target level even in newly-introduced CPI series, and will better capture India’s evolving consumption curve and align data for policy decisions with international practices, a report said on Friday.The report from the Bank of Baroda said, “The trajectory of core inflation needs to be closely watched as prices of precious metals pose upside risk. But with fine balancing of weights in the new CPI …
Latest Consumer Price Index News & Updates
New Delhi, Feb 13 (IANS) As India launched the Consumer Price Index (CPI) series with 2024 as the base year, Chief Economic Advisor (CEA) V. Anantha Nageswaran has said the change better reflects household spending patterns, makes poverty estimates more accurate, adding that the new findings reveal income growth and productivity gains.The new CPI series found rising service consumption, as the share of food in domestic budgets declined and more accurate data will help fiscal and monetary policy …
New Delhi, Feb 12 (IANS) India’s inflation rate based on the Consumer Price Index (CPI), with the new base year 2024, for the month of January this year is estimated at 2.75 per cent compared to the same month of the previous year, according to official data released by the Ministry of Statistics on Thursday.The food inflation came in at 2.13 per cent during the month. Prices of vegetables such as potatoes, onions and garlic declined during January along with the prices of pulses such as arhar…
New Delhi, Feb 4 (IANS) India now has one of the lowest tariffs among key Asian countries, with the US-India trade deal resulting in a reduction in tariffs on Indian goods to 18 per cent from 50 per cent earlier, and this will help in improving the country’s export competitiveness, according to an SBI Research report released on Wednesday.The tariff rate for India is even lower than Vietnam, which is one of the major trading partners of the US, enabling Indian exports to regain competitiveness…
New Delhi, Jan 30 (ANS) The Consumer Price Index (CPI), with the new base year 2024, will increase marginally by 20-30 bps and in the months when food inflation is higher, the new CPI will be low by 20-30 bps, according to an SBI Research report.The government had formed an expert group to measure CPI accurately, with the changing consumption behaviour of the households and to incorporate latest global best practices including methodological developments.The first CPI series based on new base ye…
New Delhi, Jan 30 (IANS) As India gears up to table the Union Budget 2026-27 in Parliament on February 1, investors are likely to be focused on the debt metrics, deficit outcome and scheduled borrowings for the next year Budget to align with strategic objectives, a report showed on Friday.The size of borrowings will be an important consideration for the bond markets, said a note by DBS Bank.“Given our underlying math and deficit target, we expect FY27 net borrowings to rise to Rs 12 lakh crore…
New Delhi, Jan 29 (IANS) India has recorded the lowest inflation rate since the beginning of the CPI series, with April-December 2025 average headline inflation coming in at 1.7 per cent, along with a robust GDP growth of 8 per cent, according to the Economic Survey 2025-26 tabled in the Parliament on Thursday.The survey attributes the moderation in retail inflation primarily to the general disinflationary trend in food and fuel prices, which together account for 52.7 per cent of India’s Consu…
New Delhi, Jan 28 (IANS) India’s recent statistical reforms mark a decisive shift towards greater relevance, responsiveness, and credibility. By updating base years for GDP, Consumer Price Index (CPI), and Index of Industrial Production (IIP), strengthening the measurement of the informal and services sectors, and transforming labour statistics, the government has aligned official data more closely with the structure and dynamics of today’s economy, according to an official statement issued on…
New Delhi, Jan 21 (IANS) The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for December 2025 have been estimated at 0.04 per cent and 0.11 per cent, respectively, figures released by the Ministry of Labour & Employment on Wednesday showed.The food inflation for agricultural and rural labourers stayed in the negative — (-) 1.8 per cent and (-) 1.73 per cent. respectively — as prices of food items fel…
New Delhi, Jan 14 (IANS) India’s inflation rate based on wholesale prices was estimated at 0.83 per cent for December 2025 compared to the same month of the previous year with the positive rate primarily due to the increase in prices of manufactured goods and minerals, according to figures released by the Commerce and Industry Ministry on Wednesday.Food inflation was estimated at 0 per cent as there was no increase in the wholesale prices of food in December, compared to the same month of the …