India to unveil broader gauge for inflation in data revamp
- Posted on June 2, 2026
- By Business News Today
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- 1 min read
India to unveil broader gauge for inflation in data revamp
India is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and services. It aims to provide a more comprehensive view of inflation. The index will help policymakers better understand and manage price pressures. This move aligns India with major global economies and modernizes its statistical tools.