The Economic Times

New CPI series to improve basis for formulating monetary, fiscal policies: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used for monetary and fiscal policy decisions. The National Statistics Office released the CPI with Base 2024=100, updating the basket to include more goods and services while removing items no longer widely consumed.