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Retail inflation hits 18-month high of 4.4% in June 2026

India's retail inflation, measured by the Consumer Price Index, rose to 4.4% in June 2026 — an 18-month high — driven by higher food and fuel prices. Economists expect food inflation to climb further in July on a lacklustre monsoon, keeping price pressures elevated in the near term.

Nabka Insight

Headline CPI inflation figure and its 18-month peak — a standard current-economy data point.

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Key facts

  • Retail (CPI) inflation: 4.4% in June 2026 — an 18-month high.
  • Main drivers: higher food and fuel prices.
  • Outlook: food inflation seen rising in July on a weak monsoon.

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