DGCI&S revises base year of merchandise trade indices to 2022-23
The Directorate General of Commercial Intelligence and Statistics (DGCI&S) revised the base year of India's Merchandise Trade Indices from FY 2012-13 to FY 2022-23, the Commerce Ministry announced on 20 February 2026.
Summary
The Directorate General of Commercial Intelligence and Statistics (DGCI&S) revised the base year of India's Merchandise Trade Indices from FY 2012-13 to FY 2022-23 (2022-23 = 100), the Commerce Ministry announced on 20 February 2026. The indices measure changes in the unit values (prices) of India's exports and imports and are used in national accounts and terms-of-trade analysis. The revision reflects structural changes in the economy, shifts in commodity composition and evolving trade patterns.
Key facts
- Announced
- 20 February 2026
- Agency
- DGCI&S, Ministry of Commerce & Industry
- New base
- FY 2022-23 = 100
- Old base
- FY 2012-13
- Use
- Unit values of exports and imports; national accounts; terms of trade
Practice MCQs 1 questions
In February 2026, DGCI&S revised the base year of India's Merchandise Trade Indices to which year?
Show answer
Correct answer: C — 2022-23
The base year was revised from FY 2012-13 to FY 2022-23 (2022-23 = 100).