Expert Group Report on Comprehensive Updation of CPI
On 29th January 2026, the Ministry of Statistics and Programme Implementation (MoSPI) released the Report of the Expert Group on Comprehensive Updation of the Consumer Price Index (CPI).
- The Expert Group (EG) was constituted in February 2023 to carry out in-depth exercises and recommend necessary changes on the base updation of CPI.
Major Recommendations
Revision of CPI Base and Weighting Structure
- The Consumer Price Index (CPI) 2024 series will be revised using the latest Household Consumption Expenditure Survey (HCES) 2023-24 for determining the item basket and corresponding weights.
- Accordingly, 2023-24 will serve as the weight reference period.
Base ....
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