India updates Consumer Price Index series for inflation tracking
pre-market1 source ↓written by the desknot a recommendation
- under the revised
- 2.75%
- base year
- 2024
India has introduced a new series for the Consumer Price Index (CPI), with January inflation recorded at 2.75% under the revised base year of 2024. This update, released by the National Statistics Office, aims to enhance the accuracy of inflation data used for monetary policy decisions. The Reserve Bank of India is now awaiting this data to adjust its inflation projections for the upcoming financial year.
Not investment advice. For informational purposes only.