India Revises Merchandise Trade Indices Base Year to 2022-23

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India Updates Merchandise Trade Indices Base Year to 2022-23

Representational image (Image: News18)

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News18•20-02-2026, 19:45

India Updates Merchandise Trade Indices Base Year to 2022-23

•Commerce ministry revises base year for Merchandise Trade Indices from 2012-13 to 2022-23.
•Revision reflects structural changes, commodity shifts, and evolving trade patterns in the economy.
•Indices compiled by Directorate General of Commercial Intelligence and Statistics (DGCI&S).
•New base year ensures improved relevance, reliability, and analytical usefulness for policymakers and researchers.
•Key institutions like Ministry of Statistics and Programme Implementation and RBI use these indices for economic analysis.

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