International Journal of All Research Education & Scientific Methods

An ISO Certified Peer-Reviewed Journal

ISSN: 2455-6211

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“A Study of Consumer Price Index (CPI) in I...

“A Study of Consumer Price Index (CPI) in India”

Author Name : Sahil Suresh Thaware

ABSTRACT A key economic indicator used globally to track changes in household costs of living is the Consumer Price Index. The CPI is crucial tool for tracking inflation and plays a crucial role in guiding monetary policy, shaping overall economic planning, and informing economic strategies. This research paper provides a basic analysis of the Consumer Price Index, exploring its significance, calculation methods, and its implications for households, and governments.