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Govt may use different base yrs for GDP, CPI
June 20, 2025
|The New Indian Express Jeypore
The government may use different base years for calculating gross domestic product (GDP) and retail inflation (measured through the Consumer Price Index), government sources told this newspaper.
THE government may use different base years for calculating gross domestic product (GDP) and retail inflation (measured through the Consumer Price Index), government sources told this newspaper.
As per the sources, the base year for GDP will likely be 2022-23, while that for CPI will be 2023-24. Currently, both GDP and CPI calculations are based on the 2011-12 base year.
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