This article is an excerpted chapter from a research handbook on inflation in which we document measurement issues in the compilation of consumer price indexes. From defining the conceptual target to sampling, repricing, and aggregating the data, there are numerous issues that arise. In this...

Current fiscal transparency and reporting practices in India place it behind most peer G20 economies, implying that policy makers are lacking critical data to ground their fiscal and other economic planning decisions. The increasing use of off-budget financing at the central government level in...