India Inflation

RBI study fills four-month gap in state inflation data using survey inputs

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series

Is India's inflation problem spreading beyond food and fuel prices?

India's inflation rose to 4.8% in August from 3.4% in March, with food and fuel leading the rise, while core prices and services are now showing signs of wider pressure

Markets pricing an excessive 125bps rate hike over the next one year: Nomura

Beyond February 2027, Nomura expects the probability of further rate increases to diminish, citing the potential for a slowdown in consumption.

From onions, ginger to cooking oil: Why food prices are rising in India

Rising prices of onions, cooking oil, ginger and other staples are squeezing Indian households as weak monsoon rains, ethanol demand and global conflicts threaten food supplies

Late monsoon, West Asia war drove retail inflation to 20-mth high in August

Retail inflation, measured by CPI, rose to 4.82% in August from 4.45% in July, staying above the RBI's median 4% target for the third consecutive month

Wholesale inflation eases to 9.78% in July as fuel price rise cools

WPI Food Index inflation rose to 6.65% in July from 6.14% in June, while fuel and power inflation eased to 20.05% from 27.41%

Weekly policy watch: Retail, wholesale inflation data in focus this week

India's policy calendar this week will focus on retail and wholesale inflation, with both data sets offering clues on price pressures and the outlook for households, businesses

India's July consumer inflation likely edged higher on food prices: Poll

Uneven rainfall across the ​country this year has hampered agricultural output, driving food costs higher

Datanomics: Onion price rise may be food platter's TOP disruptor in July

After months of elevated tomato prices, onion inflation is set to emerge as the biggest driver of food inflation in July, while potato and tomato prices ease

Best of BS Opinion: Resilience needs many moving parts to work together

From monetary policy and aviation to foreign investment, climate action and public health, today's editorials examine why complex challenges need coordinated solutions

CBDT raises Cost Inflation Index to 384 for financial year 2026-27

The Cost Inflation Index for FY27 will apply from April 1, 2026, though indexation is now available only in limited cases involving certain land and building sales

Costlier basket: WPI inflation hits a series-high at 9.9% in June

Wholesale inflation rose to a fresh record in June as food and primary article prices accelerated, outweighing a moderation in fuel and power inflation

Citi, others retract India rate hike calls as inflation may stay moderate

Cooling core inflation and a lower annual inflation outlook are prompting economists to scale back expectations of RBI rate hikes despite June's retail inflation uptick

India's inflation risks mount on renewed US-Iran tensions, El Nino

June inflation breached the RBI's 4% target for the first time in nearly 18 months, while rising oil prices and weak monsoon rains have added fresh uncertainty to the central bank's policy path

Why the monsoon could decide whether India's inflation stays in check

Food accounts for nearly 40% of India's CPI basket. That makes the monsoon one of the earliest signals of whether inflation stays under control or becomes a policy concern

Weak monsoon may cloud growth-inflation dynamics: RBI's June Bulletin

Recent policy measures likely to push up sovereign debt demand

Higher FY27 inflation target signals rate hikes to come later: Vijayakumar

The June monetary policy is a bold statement that addresses the present macro concerns even while striving to keep the resilient growth of the economy intact, says VK Vijayakumar

Datanomics: Petrol CPI likely to go past 100, first in new series

Recent fuel price hikes likely to push petrol inflation above 2024 base-year levels after prolonged period of muted CPI readings

April WPI hits 8.3%: Will rising wholesale pressure drive retail inflation?

India's wholesale inflation hit 8.3% in April, driven by fuel prices. While retail inflation remains lower at 3.48%, rising supply-chain costs may soon push consumer prices higher

Mild fuel price hike may not significantly upend household budget

We estimate the direct impact of this hike at around 8bps uptick each in the CPI inflation prints for May 2026 and June 2026, along with a mild indirect impact to the tune of around 10 bps, Nayar said