India's retail inflation rose to a 19-month high of 4.45% in July 2026, driven by higher food and fuel prices. Costlier food, restaurant and accommodation services, and transport pushed the headline number up, even as inflation in services such as healthcare, recreation, sports and culture cooled marginally during the month.
Nabka Insight
The latest CPI print and its 19-month-high tag are frequently asked economy facts.
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- Retail (CPI) inflation: 4.45% in July 2026 — a 19-month high.
- Drivers: food, fuel, restaurant/accommodation and transport costs.
- Healthcare, recreation, sports and culture saw inflation cool marginally.
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