CSO releases CPI figures for 2016
Q. Inflation has reached a 17 month high recently. To which year has CSO revised the Base Year of the CPI?- Published on 15 Feb 16a. 2011=100
b. 2010=100
c. 2012=100
d. 2013=100
ANSWER: 2012=100
CSO has revised the Base Year of the CPI from 2010=100 to 2012= 100 w.e.f January 2016. In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released for January 2016. Inflation rates (on point to point basis i.e. January 2016 over January 2015), based on General Indices and CFPIs are given as follows: General Indices (Provisional) for the month of January 2016 for Rural, Urban and Combined are 128.1, 124.2 and 126.3 respectively. CFPI for Rural, Urban and Combined for the same month are 131.1, 131.0 and 131.1 respectively.
