Consumer Price Index (CPI) 2013-2023

The All India Consumer Price Index (CPI) is a measure of the average price changes of a basket of goods and services consumed by households in India. It is used to track inflation and assess changes in the cost of living over time.

The All India CPI is an aggregate index that combines the individual group indices to provide an overall measure of inflation for the entire country. It is typically reported on a monthly basis, reflecting the changes in prices compared to a designated base year. The base year is periodically revised to ensure the index remains relevant and reflective of current consumption patterns.

By tracking the All India CPI, policymakers, economists, and the general public can monitor the rate of inflation and make informed decisions related to economic policies, wage adjustments, investment strategies, and budgeting.