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Govt To Integrate Ecommerce Data Into Consumer Price Index: Report

  • The government is taking steps to include ecommerce data in the Consumer Price Index (CPI) to reflect consumer spending habits.
  • The Ministry of Statistics and Programme Implementation (MoSPI) has started discussions with other ministries and online retailers to determine the best way to incorporate ecommerce data.
  • The updated CPI, with 2024 as the new base year, is expected to be released early next year.
  • The aim is to provide a more accurate picture of inflation, considering the growing influence of ecommerce on consumer behavior.

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