India’s economy is the envy of the world, but the country’s inflation rate is still at the highest level in years.
The International Monetary Fund has been predicting that the country will miss its inflation target for the first time since 2008, while the IMF has said the economy could lose around 3% of its gross domestic product this year.
The IMF has also said that the cost-of-living index (COLI) will likely fall this year, after a rise in food and fuel prices in the first half of the year.
Here’s how you can calculate the inflation rate in the country: CPI per day: This is the number of days a consumer spends in a given period of time, expressed in rupees.
In the current quarter, CPI was 0.6%, the highest in nearly three years.
Consumer prices index: This index measures prices in rupee terms by industry and services, and by purchasing power parity (PPP) per capita.
CPI was 1.8% in the January-March quarter, the lowest since February 2018.
Consumer expenditure per capita: This number, in rupe, is the cost a consumer pays to purchase an item, as per the IMF’s Consumer Price Index.
CPI in the March-April quarter was 0,931.6% of the country average.
Purchasing power parity: This indicator measures the amount of money a consumer is willing to spend in order to buy a given item, in terms of purchasing power.
CPI is the weighted average of this indicator and the Consumer Price Indicator.
It’s the measure of inflation that’s most commonly used by the IMF.
It uses the purchasing power of a basket of goods and services.
CPI per capita is the average per capita consumption, which is used to calculate inflation.
CPI-UP: This measure, in the form of the PPP-UP index, compares the purchasing Power Parity Index (PPI) of a country’s per capita consumer expenditure to the CPI-U index, which measures inflation in a country.
CPI has been falling over the past three quarters.
This is due to the government cutting back on its spending in an attempt to fight the currency crisis, which started in September 2018.
In a statement, the Indian government said that in April 2018, CPI had increased by around 8% in real terms and was now at the lowest level in nearly a decade.
The central bank said in March that inflation was expected to fall to around 6.5% in 2019-2020.
Read more about CPI and inflation: How India’s inflation rates have changed in the past six months: CPI: CPI is calculated from purchasing power parities, or PPPs, based on the purchasing price index.
CPI, the cost index, is used as the basis for calculating inflation in India.
In its most recent report, the IMF said that CPI was at 1,917.5 per cent in June 2018, the highest since March 2018.
CPI rose to 1,920.5 in May 2018 and 1,925.4 in June 2017.
The currency has also been trending downwards since its March peak of over 8,000.
The CPI is an indicator of inflation.
The RBI said in its June 2017 monetary policy statement that CPI is likely to be in the range of 1,800-1,900 per cent this year and next.
CPI also has a large impact on the rupee’s exchange rate, as the rupees’ value is pegged to the dollar.
The rupee rose by 3.5%, or 1.3%, in the July-September quarter, after hitting a low of Rs.1,838.7 in March.
CPI data is updated every three months, and is available at the RBI’s website.
For the latest India data and news, follow us on Twitter and Facebook.