The Consumer Food Price Index (CFPI) is a measure used to track the changes in the retail prices of food items consumed by households. It is a sub-index of the Consumer Price Index (CPI) and focuses specifically on food products, including cereals, meat, fish, eggs, milk, vegetables, fruits, and other essential foodstuffs. The CFPI provides insights into food inflation and its impact on the overall inflation rate, reflecting the price movement of food items. This index helps policymakers and economists in understanding the cost of living changes and formulating appropriate economic policies to manage food price inflation【42:0†source】【42:4†source】.
Introduction In recent times, India has seen a peculiar trend in its economy where overall inflation rates are showing a…