India, Jan. 30 -- The weight of food and beverages will reduce from the current 45.86 per cent to 36.75 per cent in calculating consumer price index (CPI), which is used to measure inflation, according to the documents published by the Union Ministry of Statistics and Programme Implementation (MOSPI).

An expert group has been working on a new CPI series and revising the CPI base year from 2011-12 to 2023-24, as the household consumption patterns have evolved from 2011-12 and do not reflect current behaviour.

According to its recommendations published on MOSPI website on January 29, food will carry a weighting of 34.77 per cent, while beverages 1.77 per cent. The combined weight of food and beverages in the inflation basket will now stan...