Consumption pattern change may prompt CPI data rejig

Consumption pattern change may prompt CPI data rejig

NEW DELHI: Retail inflation data is set for a rejig after the latest household consumption expenditure survey showed that the share of food and cereal consumption has fallen significantly.Food accounts for nearly 46% in consumer price index (CPI) based on the 2011-12 household consumption expenditure survey. The latest data for 2022-23, which was released on … Read more