India revises merchandise trade indices base year to 2022-23 for enhanced accuracy and relevance, improving analysis for stakeholders.
The Punch on MSN
Base-year effects projected to drive inflation near 19%
Nigeria’s economy is currently facing a statistical paradox: while month-on-month price pressures are beginning to cool, the annual headline inflation rate is projected to rise toward the 19 per cent ...
The government may use different base years for calculating Gross Domestic Product (GDP) and retail inflation (measured through the Consumer Price Index), government sources told The New Indian ...
India updates merchandise trade indices' base year to 2022–23, enhancing accuracy for economic analysis and policy formulation.
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