Key themes in new CPI: Gold, silver to back-series
India's MoSPI released a new CPI basket using 2024 as the base year, with a CPI of 2.75% in January. However, comparing it to the old series is not valid due to new goods and exclusion of others. The back-series shows little change in average inflation rates. The new CPI has changes in data sources, items, and methodologies, including the inclusion of gold.