India's consumer price inflation increased more-than-expected in January under the new data series, official data revealed on Thursday.
Consumer price inflation rose to 2.75 percent in January from 1.33 percent in December. Economists had expected inflation to rise to 2.4 percent.
Moreover, inflation came within the RBI's tolerance band of 2-6 percent.
The base year is revised from 2012 to 2024 using the household consumption expenditure survey 2023-24, and the new series added key components, including rural housing, online shopping, and streaming services, in order to better reflect current consumption patterns.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.