India mulls major cut to food weighting in new CPI basket

An Indian government panel may reduce the food weighting in the consumer price index (CPI) by up to 8 percentage points, aiming to curb inflation spikes. This potential revision, based on outdated 2011-2012 data, is set for implementation by January 2026, aligning the CPI more accurately with current consumer spending patterns.

Leave a Reply

Your email address will not be published. Required fields are marked *

0 Comments
scroll to top