The CSO launched Consumer Food Price Index (CFPI) constructing the index for early months of 2014 onwards. Consumer Food Price Index (CFPI) is a measure of change in retail prices of food items consumed by the population. Under the CSO’s CFPI, the index gives food price level changes for rural, urban and all India basis. The base year used in CFPI is 2012 as in the case of CPI.
CFPI is based on retail price quotations as in the case of CPI, whereas the food index of WPI is obtained from wholesale price quotations.
