Ketty Cariotta

Cpi Basket Of Goods 2024 India. Consumer price indices (cpi) measure changes over time in general level of prices of goods and services that households acquire for the purpose of consumption. Cpi meaning refers to an increase in the price level of a selected basket of goods and services over a select period of time.

Inflation measured by consumer price index (cpi) is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. The annual consumer inflation rate in india eased to 4.67% in may of 2024 from 4.83% in the previous month, below expectations that the rate would rise to 4.9%, to mark the slowest increase in consumer prices in one year.