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Economy & finance

Consumer Price Index

An index that tracks the prices of a fixed basket of goods and services bought by households, from food and fuel to rent and school fees. India’s CPI is compiled by the National Statistics Office.

Related termsInflationWholesale Price Index

“Consumer Price Index” in our stories

EconomyIndia

How inflation is measured in India

The price indices behind the headline number, the RBI’s 4% target, and why your own costs can rise faster — or slower — than the official figure.

·Rational Times Explainers·2 min read