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Consumer Price Index (CPI)

An economic indicator measuring changes in the price level of a weighted average basket of consumer goods and services.

An economic indicator measuring changes in the price level of a weighted average basket of consumer goods and services.

Indian market example

The Reserve Bank of India targets a retail inflation rate band of 4% (+/- 2%) based on CPI data releases.

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S Harish ChandanSEBI Registered Research Analyst

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