Current Affairs · Consumer Price Index Series
Consider the following statements regarding the Consumer Price Index (CPI) with the Base Year 2024=100: 1. The weight of 'Food and Beverages' has been reduced to approximately 37% in the combined basket. 2. For the first time, 'Rural House Rent' is included in the rural index. 3. Streaming services and gym equipment are new additions to the item basket. 4. The classification has been updated from 6 groups to 12 divisions as per COICOP 2018. Which of the statements given above are correct?
- 1All of the above✓
- 21 and 4 only
- 32, 3 and 4 only
- 41, 2 and 3 only
Correct answer
All of the above
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