Retail inflation hits 19-month high of 4.45% in July 2026 as food, fuel prices rise
India's retail inflation, measured by the Consumer Price Index, rose to a 19-month high of 4.45% in July 2026, driven by higher food and fuel prices. Food, restaurant and accommodation services, and transport became more expensive during the month, while inflation in healthcare, recreation, sports and culture cooled marginally over the same period.
Nabka Insight
The CPI print, its level and the categories driving it are recurring economy-section questions.
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- CPI retail inflation at 4.45% in July 2026 — a 19-month high.
- Food and fuel prices were the main drivers.
- Transport and restaurant/accommodation services turned costlier.
- Healthcare, recreation and culture saw inflation cool marginally.
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