Economy, Banking and Finance · 12 February 2026
Ministry of Statistics and Programme Implementation (MoSPI) to release new GDP, CPI, IIP series with revised base years
Exam-focused facts from the 12 February 2026 current affairs briefing.
Key facts
- The government will release the new GDP series on 27 February 2026, the new CPI series on 12 February 2026, and the new IIP series on 28 May 2026.
- The GDP base year has been revised to 2022-23 to reflect current economic structures.
- The CPI base year has been revised to 2024, updating the consumption basket and weights for rural and urban households.
- The IIP base year has been revised to 2022-23 and aligned with the new national accounts series.
- Base year revision is guided by respective Technical Advisory Committees comprising experts from Academia, Central and State governments, and the Reserve Bank of India (RBI).
- CPI and GDP follow the International Monetary Fund (IMF) Special Data Dissemination Standards (SDDS) covering coverage, periodicity, timeliness, public access, integrity, and quality of data.