Retail inflation hits 18-month high of 4.4% in June 2026
India’s retail inflation, measured by the Consumer Price Index (CPI), rose to an 18-month high of 4.4% in June 2026, driven by higher food and fuel prices. Economists expect food inflation to climb further in July, citing a lacklustre monsoon. The uptick marks a reversal after a softer inflation phase.
Nabka Insight
The latest CPI print, its drivers and the multi-month high tag are routinely tested.
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- CPI inflation: 4.4% in June 2026.
- Highest in 18 months.
- Driven by higher food and fuel prices.
- Food inflation expected to rise further in July on a weak monsoon.
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