09:14 AM EDT, 08/25/2025 (MT Newswires) -- (Updates with Amazon's ( AMZN ) response in the fifth paragraph.)
India plans to source pricing data directly from Amazon ( AMZN ) and Walmart's ( WMT ) Flipkart to revamp its benchmark inflation gauge, Reuters reported Monday, citing an official from the country's statistics ministry.
The new methodology will incorporate e-commerce prices into the consumer price index starting early next year, along with airfares and streaming services data, the report said.
The statistics ministry has already begun scraping e-commerce prices in 12 large cities and is in talks with platforms for direct access, Reuters reported.
The government is also preparing a new index of services production to track output in the services sector on a quarterly basis, according to the report.
Amazon ( AMZN ) declined to comment, while Flipkart did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)