Press note on release of Expert Group Report on Comprehensive Updation of CPI
- The Ministry of Statistics and Programme Implementation (MoSPI) released the Expert Group Report on Comprehensive Updation of the Consumer Price Index (CPI) on 29 January 2026, paving the way for a new CPI series with base year 2024=100, replacing the existing 2012=100 series.
- The exercise re-engineers India's headline retail inflation measure — the same metric RBI uses to anchor its 4% (±2%) flexible inflation-targeting mandate — making it a high-yield Prelims + GS-III topic.