India’s New CPI Series: Base Year Shift To 2023-24 Explained | Food Weight Cut, Services Up | ET Now
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Загружено: 2026-02-12
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India’s New CPI Series: Base Year Shift To 2023-24 Explained | Food Weight Cut, Services Up | ET Now
India is set to roll out a new CPI (Consumer Price Index) series with 2023-24 as the updated base year. The revised basket reduces the weightage of food items while increasing weight for housing, transport, and services reflecting changing consumption patterns. What does this mean for headline inflation, RBI policy, and your cost of living? Here’s a detailed breakdown of the changes and estimated impact on inflation numbers.
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