Urgent update: India needs to revise its CPI urgently
Introduction The October retail inflation data exposed severe inaccuracies in India’s Consumer Price Index (CPI). While headline inflation appeared to fall to just 0.25%, the lowest since January 2012, the decline stemmed from a statistical anomaly, not real deflation. A collapse of 3.7% in the food and beverages index, driven largely by errors in price… Continue reading Urgent update: India needs to revise its CPI urgently

