<ul><li>The Ministry of Statistics and Programme Implementation is seeking public comments on including freely distributed food in the calculation of retail inflation.</li><li>The ministry is revising the base year for the Consumer Price Index (CPI) calculation and considering how to address the freely distributed Public Distribution System (PDS) items in the CPI compilation.</li><li>This is part of an ongoing debate on including food prices in retail inflation calculations, sparked by the release of the pre-budget Economic Survey.</li><li>The ministry is also considering three methods to deal with cases where the price of social security transfers decreases or increases during CPI calculation, including adjusting the weight or redistributing it among other items within the CPI basket.</li></ul>

MOSPI Invites Comments On Freely Distributed Food Being Included In Retail Inflation

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