Economy

Retail inflation hits 19-month high of 4.45% in July 2026

India's retail inflation (CPI) rose to 4.45% in July 2026, a 19-month high, as food and fuel prices climbed. Food, restaurant and accommodation services, and transport turned costlier during the month, while healthcare, recreation, sports and culture saw inflation ease marginally. The reading remains within the RBI's 2–6% tolerance band.

Nabka Insight

A 19-month high in headline retail inflation — the exact figure and month are standard questions.

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Key facts

  • Retail (CPI) inflation at 4.45% in July 2026 — a 19-month high.
  • Food, fuel and transport prices rose; healthcare and recreation eased.

Background

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