Annual consumer price index india
Consumer Price Index: Harmonized Prices: Total All Items Less Food, Energy, Tobacco, and Alcohol for the Euro Area Index 2015=100, Annual, Not Seasonally Adjusted 1996 to 2019 (Feb 18) Inflation, consumer prices for India Definition: A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy is called consumer price index. Description: The calculation involved in the estimation of CPI is quite rigorous. Various categories and sub-categories have been made for classifying Consumer Price Index (CPI) is a statistic used to measure average price of a basket of commonly-used goods and services in a period relative to some base period. The base period price of the basket is marked to 100 and CPI value hovers above or below 100 to reflect whether the average price has increased or decreased over the period.