Govt. Introduces New CPI Series; January Retail Inflation at 2.75%
The Indian government has unveiled a new series of the Consumer Price Index (CPI) with a base year of 2024, covering a wider range of goods and services and introducing revised weights. This updated index is expected to help in crafting more calibrated fiscal and monetary policies , according to Chief Economic Advisor V. Anantha Nageswaran . Key Highlights from the January 2026 Data Retail inflation: 2.75% in January 2026 as per the new CPI series Food price inflation: 2.13% year-on-year This is the first data release from the new series, so historical comparisons with previous CPI data are not yet available. The Ministry of Statistics and Programme Implementation (MoSPI) released the January data on February 12, 2026 , in the presence of MoSPI Secretary Saurabh Garg , Chief Economic Advisor V. Anantha Nageswaran , and other senior officials. The new series aims to provide a more accurate measure of price changes across a broader basket of goods and services. India u...