System of Promoting Appropriate National Dynamism
for Agriculture and Nutrition

Consumer Price Indices

CPI measure changes over time in the general level of prices of goods and services that households acquire for the purpose of consumption. The percentage change in this index over a period of time gives the amount of inflation over that specific period, i.e. the increase in prices of a representative basket of goods consumed. The SPANDAN Data Hub offers Central Statistical Organization (CSO) dataset, published by Reserve Bank of India (RBI) for 2014 and 2015 with regular updation. The price data was collected monthly for 1114 markets in 310 selected towns by the Field Operations division of NSSO and the specified State/UT Directorates of Economics and Statistics from 1181 selected villages by the Department of Posts. Web portals are used to data on prices. Web portal for rural prices was developed by NIC and for urban prices by the Computer Centre in MoSPI.

CPI numbers are 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 the national accounts. Inflation is measured using CPI.

The graphs on the Hub are an illustration of what a user can do with the data. As of now, the Hub does not offer direct visualization of the data. Users may access data selecting from the parameters listed.

The CPI of food and beverages has also increased but the increase is much higher in urban areas than in rural areas. So it can be concluded that the prices for food and beverages is higher in urban areas than in rural areas.

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