Watch: Inflation has slowed, but are you still paying more than the official data suggests?
The Consumer Price Index (CPI) tracks a fixed basket of goods and services, like food, clothing, housing, and fuel, to measure inflation and purchasing power. It was originally designed to adjust wages for workers, but today, it's a key tool for the RBI in setting inflation targets and monetary policy.
So what goes into that CPI basket—and does it really reflect how you're spending?
Script & Presentation: K. Bharat Kumar
Production: Shibu Narayan
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