‘New inflation tracking method reduces base-year bias, improves handling of missing prices' - News Summed Up

‘New inflation tracking method reduces base-year bias, improves handling of missing prices'


The new series of Consumer Price Index (CPI), used for measuring retail inflation, is going live from February 2026. The New Indian Express spoke to Dr Saurabh Garg, Secretary, MoSPI, about the upcoming changes to CPI and GDP measurement. Excerpts:The new base years for inflation and GDP come into force in February. What changes improve measurement of services inflation? This reduces base-year bias and improves handling of missing prices and item replacement, aligning with IMF best practices.


Source: Indian Express February 01, 2026 05:29 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */