MoSPI Plans CPI Housing Index Overhaul

  Published 8 months ago

MoSPI is revising the CPI base, proposing monthly rent data collection for both urban and rural areas to enhance inflation accuracy.

  • The new methodology aims to include rural housing data, marking a shift from the current urban-only housing index compilation system.
  • Monthly rent data collection will replace the current six-monthly urban survey to reflect real-time price movements more accurately.
  • MoSPI invites feedback from experts, ministries, and institutions on the proposed methodology for a more representative and inclusive CPI series.

You might like these

DEE Development Wins Rs 170cr Order

FM Urges Fair NBFC Practices

Tracxn Technologies Shares Plunge

India Sees Foreign Investment Revival

Ola Electric Slides on Margin Doubts

India’s Forex Reserves Drop $3 Billion

Kellton Tech Announces Stock Split & Fundraising Plans

News that matters the most ⚡