Cpi Index March 2024 Upsc. The national statistical office (nso), ministry of statistics and programme implementation (mospi) has released all india consumer price index (cpi) on base. The cpi is used to index (adjust for the effect of inflation) the real value of wages, salaries, pensions, and for regulating prices.

Know all about cpi inflation rates, components, significance and. Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in.