New Delhi, Feb. 13 -- Consumer Price Index (CPI) new method market additions for the calculation of the inflation data skewed towards few states as UP, Maharashtra accounts for 43 per cent of new markets, stated a report by SBI.

The report noted that the CPI 2024 has increased its coverage both geographically and in terms of number of items. Overall, 565 more markets, both rural and urban, have been included in CPI-2024 as compared to CPI-2012.

However, out of these 565 new markets, only two states, Uttar Pradesh and Maharashtra, accounted for 43 per cent share.

The report said "This indicate that inclusion of new markets is quite skewed and tilted more towards certain states".

Apart from the expansion in markets, the number of weight...