n lation and siness le 7.17
Table 7.2 Comparison of weighing diagrams of the existing and revised series of CPI
Group Description Old Series of CPI Revised Series of CPI
(Weights computed on the asis (Weights computed on the asis
ceS 2004–05) CES 2011 12)
Rural r an Com d. Rural r an Com d.
Food and beverages 56.39 35.81 47.58 34.18 36.29 45.86
Pan, tobacco and intoxicants 2.72 1.34 2.13 3.26 1.36 2.35
Clothing and Foodwear 5.36 3.91 4.73. 7.36 5.57 6.53
Housing – 22.54 9.77 – 21.67 10.07
Fuel and Light 10.42 8.40 9.49 7.94 5.50 6.84
Miscellaneous 24.91 28.00 26.31 27.26 29.53 28.32
Total 100.00 100.00 100.00 100.00 100.00 100.00
Source: CSO, February 2015. Here, ‘Combd.’ stands for Combined while ‘-’ stands for ‘not available’.
3. The number of Groups, which was five in 6. Prices of PDS items under Antyodaya
the old series, has now been increased to Anna Yojana (AAY) have also been
six. ‘Pan, tobacco and intoxicants’, which included for compilation of indices of
was a Sub-group under the group ‘Food, PDS items, in addition to Above Poverty
beverages and tobacco’, has now been Line (APL) and Below Poverty Line
made as a separate group. Accordingly, (BPL) prices being taken in the old series.
the group ‘Food, beverages and tobacco’ 7. Sample size for collection of house rent
has been changed to ‘Food and beverages’.
data for compilation of House Rent Index,
4. Egg, which was part of the sub-group which was 6,684 rented dwellings in
‘Egg, fish and meat’ in the old series, has the old series, has now been doubled to
now been made as a separate sub-group. 13,368 rented dwellings in the revised
Accordingly, the earlier sub-group has
been modified as ‘Meat and fish’.
8. Apart from All-India CPIs (Rural, Urban,
5. The elementary/item indices are now
Combined) for sub-group, group and
being computed using Geometric Mean
general index (all-groups), which were
(GM) of the Price Relatives of Current
released for the old series, all India Item
Prices with respect to Base Prices of
different markets in consonance with the CPIs (Combined) will also be available.
international practice. In the old series, 9. The Consumer Food Price Indices (Rural,
Arithmetic Mean (AM) was used for that Urban, Combined) will be compiled
purpose. The advantage of using GM as weighted average of the indices of
is that it moderates the volatility of the following sub-groups, as practiced earlier
indices as GM is less affected by extreme in the old series (only the weights have
values. been revised):