Tag: Household Consumption Expenditure Survey

Common Formula Proposed to Calculate State GDP Data
Posted in Economy

Statistics ministry proposes common framework to calculate state GDP

New Delhi: The statistics ministry Friday proposed a common framework to estimate state gross domestic product through the expenditure approach under the revised 2022-23 base…

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‘What’s in your shopping cart?’ Govt plans first nationwide retail consumption survey

New Delhi: The government is considering launching a nationwide retail consumption survey to generate granular data on consumer spending patterns, people aware of the development…

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CPI Revamp: Inflation at 2.75% in January
Posted in Economy

CPI Revamp: Inflation at 2.75% in January

New Delhi: India reported January retail inflation at 2.75%, the first reading under the revised Consumer Price Index (CPI) series with 2024 as the base…

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India to revise base year for CPI, GDP, industrial output data every 3-5 years, official says

NEW DELHI: India plans to revise the base year of key economic indicators, including consumer price index, gross domestic product and industrial output, every three…

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Food weight to decline to 36.75% in new CPI series
Posted in Economy

Food weight to decline to 36.75% in new CPI series

New Delhi: Food and beverages will account for 36.75% weight in the new Consumer Price Index (CPI) series, down from the current 45.86%, reflecting changing…

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