India to Shift to New CPI, GDP Data Series Starting February
The Government of India has announced a major update to the country’s core macroeconomic indicators. From February 2026 new data series for retail inflation and GDP will be released. Which followed by a revised Index of Industrial Production (IIP) series in May 2026. The move is aimed at improving data accuracy and ensuring that official statistics better reflect the current structure of the Indian economy.
The government has clearly outlined the rollout schedule,
Retail Inflation (CPI):
GDP / National Accounts:
Index of Industrial Production (IIP):
These updates will replace the existing base-year series currently in use.
Base-year revisions are a standard global practice in economic statistics. Over time, economies undergo structural changes due to,
India last revised some of these series several years ago. Updating the base years ensures that indicators like GDP growth and inflation reflect present-day realities more accurately.
MoSPI is holding a pre-release consultative workshop to discuss,
This follows an earlier consultation held in Mumbai on November 26, 2025. Feedback from stakeholders will help finalise the revised series.
The workshop will include a wide range of stakeholders, such as,
Key attendees include,
The new data series will,
Q. The new base year for retail inflation (CPI) will be:
A. 2022
B. 2023
C. 2024
D. 2025
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