Retail inflation at 4.45% in July 2026 on new CPI base 2024; food inflation 5.52%
All-India CPI inflation on the new base year 2024 was 4.45% in July 2026, up from 4.38% in June, with food inflation at 5.52%, MoSPI said on 12 August 2026.
Summary
Year-on-year retail inflation based on the All-India Consumer Price Index (CPI) with base year 2024 was 4.45% (provisional) in July 2026, compared with 4.38% in June, the Ministry of Statistics and Programme Implementation said on 12 August 2026. Rural inflation was 4.84% and urban 3.96%. Food inflation measured by the Consumer Food Price Index (CFPI) was 5.52%, and housing inflation was 2.22%. Silver jewellery (109.84%), ginger and garlic were among items with the highest inflation, while potato (-16.56%) showed the steepest fall.
Key facts
- CPI inflation July 2026
- 4.45% (June: 4.38%)
- Base year
- 2024=100
- Rural / Urban
- 4.84% / 3.96%
- Food (CFPI)
- 5.52%
- Housing
- 2.22%
- Highest
- Silver jewellery 109.84%
- Lowest
- Potato -16.56%
Practice MCQs 3 questions
What was India's CPI-based retail inflation for July 2026, on the new base year 2024?
Show answer
Correct answer: B — 4.45%
Combined CPI inflation was 4.45% in July 2026; 4.84% was rural, 3.96% urban and 5.52% food (CFPI) inflation.
What is the base year of the Consumer Price Index series used for the July 2026 inflation data released by MoSPI?
Show answer
Correct answer: B — 2024
The CPI series now uses base year 2024=100; the WPI series separately uses base year 2022-23.
Consider the following statements about CPI data for July 2026: 1. Urban inflation was higher than rural inflation. 2. Food inflation (CFPI) was higher than headline CPI inflation. Which of the above is/are correct?
Show answer
Correct answer: B — 2 only
Only statement 2 is correct. Rural inflation (4.84%) was higher than urban (3.96%), and food inflation of 5.52% exceeded headline inflation of 4.45%.