Govt to release new series of retail inflation

The Ministry of Statistics and Programme Implementation on Monday (December 22, 2025) said that it will release a new series of macroeconomic data with a changed base year for retail inflation as well as national accounts in February and for industrial production in May next year.

The Ministry will hold a pre-release consultative workshop on the base revision of Gross Domestic Product (GDP), Consumer Price Index (CPI), and Index of Industrial Production (IIP) on Tuesday (December 23, 2025), said an official statement.

A new series of CPI (Consumer Price Index-based inflation) data with a base year of 2024 (2024=100) is scheduled to be released on February 12, 2026.

The data on National Accounts with financial year 2022-23 as base year is scheduled to be released on February 27, 2026, while the new series of IIP data with base year 2022-23 will be released on May 28.

Tuesday’s (December 23) pre-release consultative workshop follows the first one conducted on November 26 in Mumbai.

The primary objective of the workshop is to share the proposed methodological and structural changes in the ongoing base revision of GDP, CPI, and IIP to seek feedback and comments from the participants.

The workshop brings together a wide spectrum of participants, including eminent economists, experts from financial institutions and the banking sector, subject matter specialists, users of core statistics, and senior officials from Central and State Governments.

The participation of this diverse group is expected to enrich the discussions and familiarise users with the changes in the revised series.

The workshop will be attended by Suman K Bery, Vice-Chairman, NITI Aayog, as the chief guest, along with V. Anantha Nageswaran, Chief Economic Advisor, Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MOSPI), and N.K. Santoshi, Director General (Central Statistics), MoSPI.