New Delhi, March 5 (IANS) India’s new CPI 2024 series has adopted the ‘COICOP 2018’ structure to enhance credibility and ensure global comparability, and it incorporated the changing pattern in urbanisation, a report said on Thursday.The report from SBI Research said that under the old CPI 2012 classification, the share of food and beverages would have declined to 40.10 per cent, but in the new series it stands at 36.75 per cent.The new CPI series with 90 per cent of the weights covered by…
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