CPI overhaul: Govt to track Amazon and Flipkart prices, inflation gauge to reflect digital shopping boom
India plans to revamp its inflation index. The government will use e-commerce data from platforms like Amazon and Flipkart. This shift reflects changing consumption patterns. Digital spending, including streaming services, will be included. The new index is expected early next year. A new GDP series and services production index are also in the works.
India plans to revamp its inflation index. The government will use e-commerce data from platforms like Amazon and Flipkart. This shift reflects changing consumption patterns. Digital spending, including streaming services, will be included. The new index is expected early next year. A new GDP series and services production index are also in the works. What's Your Reaction?
