Retail inflation rises to a 19-month high of 4.45% in July 2026
Key facts
- CPI inflation rose to 4.45% in July 2026, up from 4.38% in June.
- It is the highest level in 19 months.
- Food and beverages inflation rose to 5.2%.
- The new CPI series uses 2024 as its base year.
- MoSPI released the data on 12 August 2026.
Why it matters
[Economy] CPI is the RBI's inflation target measure. The target is 4%, with a band of 2% to 6%. Inflation is still inside the band but rising.
Asked before: UPSC Prelims 2015 asked which body brings out the CPI for Industrial Workers.
Test yourself
Question 1 of 1