An unexpected acceleration in India’s inflation in the last two months has reignited debate on data collection practices that ignore changes in the economy and rely on obsolete items for collecting prices.
Consumer prices rose 6.44% in February, breaching the Reserve Bank of India’s target ceiling as well as analysts’ expectations for a second straight month. That has boosted the chances of another rate increase in April.
Source : India Inflation Surge Prompts Calls for Immediate Data Revision