India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.
The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a revised base year, will be released in February 2026, alongside updated national accounts data, while the revised Index of Industrial Production (IIP) series will be rolled out in May.
According to an official statement, a new CPI series with base year 2024=100 is scheduled for release on February 12, 2026. The revised National Accounts data, with 2022-23 as the base year, will follow on February 27, 2026. The new IIP series, also using 2022-23 as the base year, is slated for release on May 28.
Ahead of the data rollout, the ministry has convened a pre-release consultative workshop on the base revision of GDP, CPI and IIP on Tuesday. This follows an earlier workshop held in Mumbai on November 26.
The primary objective of the consultation is to share proposed methodological and structural changes in the revised data series and seek feedback from stakeholders, the statement said.
The workshop will bring together economists, subject matter experts, representatives from financial institutions and the banking sector, users of official statistics, and senior officials from central and state governments. The ministry said participation from a wide range of stakeholders is expected to enrich discussions and help users better understand the changes in the revised series.
The event will be attended by NITI Aayog Vice Chairman Suman K Bery as chief guest, along with Chief Economic Advisor V Anantha Nageswaran, MoSPI Secretary Saurabh Garg and Director General (Central Statistics) N K Santoshi.
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