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The Economic Times

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India to unveil broader gauge for inflation in data revamp

India is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and services. It aims to provide a more comprehensive view of inflation. The index will help policymakers better understand and manage price pressures. This move aligns India with major global economies and modernizes its statistical tools.

2 Jun 2026 1:38 pm