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India mulls major cut to food weighting in new CPI basket

By Economic Times - 4 months ago
An Indian government panel may reduce the food weighting in the consumer price index (CPI) by up to 8 percentage points, aiming to curb inflation spikes. This potential revision, based on outdated 2011-2012 data, is set for implementation by January 2026, aligning the CPI more accurately with current consumer spending patterns.

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