February 13, 2026 11:23 AM
Revised CPI series to improve monetary, fiscal policy decisions: CEA Nageswaran
Chief Economic Advisor V Anantha Nageswaran said on Thursday that the revised base year of the Consumer Price Index (CPI), now set at 2024, will significantly improve the quality of monetary and fiscal policymaking, as it better reflects current consumption patterns and price structures. Speaking at the launch of the new CPI series, Nageswaran said the updated index provides policymakers with a more accurate basis to assess real incomes, purchasing power and consumption trends. “The new CPI ...


