Govt to tap e-tailers, online sources for price data in new CPI series
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New Delhi: The government proposes to include online sources as well as e-commerce platforms to compute retail inflation in a bid to substantially improve reliability, accuracy, and overall quality of the consumer price index (CPI).
Ministry of Statistics and Programme Implementation (MoSPI) is in the process of revising the base years for computing CPI, Index of Industrial Production (IIP) and Gross Domestic Product (GDP). The new series of CPI (consumer price index-based inflation) with base year (2024=100) data is scheduled to be released on February 12, 2026.
The data on National Accounts with financial year 2022-23 as base year is scheduled to be released on February 27, 2026, while the new series of IIP data with base year 2022-23 will be released on May 28.
