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India updated its trade data base year to 2022–23 for more accurate economic analysis.
India has updated the base year for its merchandise trade indices from 2012–13 to 2022–23, improving accuracy and relevance amid economic and trade shifts.
The change, implemented by the Directorate General of Commercial Intelligence and Statistics, reflects updated commodity classifications, revised weights based on recent trade values, and enhanced methodologies.
The new data, used by policymakers, researchers, and institutions like the Reserve Bank of India, better capture current trade patterns, supply chains, and price movements, supporting more reliable economic analysis and policy decisions.
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India actualizó su base de datos de comercio hasta el año 2022-23 para un análisis económico más preciso.