The Ministry of Statistics and Programme Implementation (MoSPI) announced a revision of the base year for key economic indicators.
Gross Domestic Product (GDP) and Index of Industrial Production (IIP) will have a new base year of 2022-23, while the Consumer Price Index (CPI) base year is revised to 2024.
The updated series are scheduled for release as follows: CPI – 12 February 2026, GDP – 27 February 2026, IIP – 28May 2026.
The revision aims to improve the accuracy, transparency, relevance, and international comparability of India’s official statistics.