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ECOMMERCE DATA IN CPI
India’s revamped inflation data addresses IMF concerns, says statistics secretary Saurabh GargIndia has revamped its consumer inflation data series, responding to the International Monetary Fund's worries about data reliability. The ...- CPI’s new method skewed; UP and Maharashtra account for nearly half of newly added markets, says SBIConsumer Price Index (CPI) new method market additions for the calculation of the inflation data skewed towards few states as UP, Maharasht...
- New CPI series explained: What changed, why it matters, and what’s newIndia's statistics ministry has updated the Consumer Price Index (CPI) base year to 2024 from 2012, reflecting evolving household consumpti...
- The big inflation reset: What India’s new CPI means for youIndia is updating its inflation measurement. A new Consumer Price Index series starts tomorrow, changing the base year to 2024. This revisi...
- India to revise base year for CPI, GDP, industrial output data every 3-5 years, official saysIndia is set to update its economic data base years regularly. This move aims to reflect current economic shifts. The Consumer Price Index ...
- India to cut food weighting in CPI in new inflation seriesIndia is set to revise its inflation measurement, significantly reducing food's weight in the Consumer Price Index to 36.75%. This shift ai...
- India’s economic numbers are getting an upgrade: What’s changing, why it matters, and what the Centre wantsIndia is overhauling its economic measurement systems, incorporating online prices and real-time data to improve inflation, industrial outp...
- Govt to tap e-tailers, online sources for price data in new CPI seriesThe government plans to include online and e-commerce price data in calculating retail inflation (CPI) to improve its accuracy, reliability...
- Inflation index likely to be revised every 5 years says Saurabh GargIndia plans to revise its inflation index every five years. The Consumer Price Index (CPI) series revision will occur regularly. Household ...
- Govt to tap Amazon, Flipkart data directly in inflation revamp, roll out services indexIndia plans to revamp its inflation gauge. The nation will source price data from e-commerce platforms like Amazon and Flipkart. This aims ...
- MoSPI proposes new base years for IIP, GDP & CPIThe government plans to update the base years for key economic indicators. The Index of Industrial Production (IIP) and Gross Domestic Prod...
- Fuller basket for smarter growthIndia is developing a new CPI series with a broader basket of goods and services, aiming for better regional data and monetary targeting. U...
- Online prices in 12 cities to be monitored for new CPI seriesThe government plans to monitor e-commerce price trends in 12 major cities to improve the accuracy of the new Consumer Price Index (CPI) se...
- Inputs sought from IMF, World Bank to integrate e-comm data into CPIThe Indian statistics ministry is collaborating with global organisations like the World Bank, IMF, and UNSD to incorporate e-commerce data...
- Tracking inflation: MoSPI in talks to include ecommerce data in CPIThe Indian government is set to include ecommerce data in the Consumer Price Index (CPI) to better reflect consumer spending patterns. Disc...
- Is targeting core inflation the answer? RBI's repo rate dilemma sparks debateThe RBI's decision to hold the repo rate steady despite low core inflation is debated. Headline inflation, driven by food prices, remains t...
- View: India be overestimating inflation and making skewed policy at the cost of higher growthA glance at the current CPI basket shows that it accounts for several outdated items such as VCR/VCD/DVD player.
- RBI in neutral may be reading prices all wrongGovernor Urjit Patel is concerned about core inflation -- stripping out volatile food and fuel costs -- which he says is worryingly sticky.
- need2know: E-comm muscle, wilful defaulters and moreAs more Indians shop online, the statistics ministry is planning to include e-commerce in CPI calculation. RBI, meanwhile, has provided som...
- Statistics Ministry planning to include ecommerce in calculation of CPIA large chunk of the urban population is going online for necessities like groceries, apart from clothing & footwear, a trend that’s not ge...
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