Financial News: India Inflation Rises Slightly

India Inflation Rises Slightly

08/12/2026 - 08:50:00 (RTTNews)

(RTTNews) - India's consumer price inflation rose slightly in July, data from the Ministry of Statistics and Programme Implementation showed Wednesday.

Consumer price inflation rose to 4.45 percent in July from 4.38 percent in June. The annual rate was marginally below economists' forecast of 4.50 percent.

At the same time, food inflation came in at 5.52 percent compared to 5.32 percent in the previous month.

Earlier this month, the Reserve Bank of India retained its key repo rate at 5.25 percent for the fourth consecutive meeting as policymakers await clarity on inflation path.

The bank had projected inflation to increase in the near-term and peak in the December quarter primarily due to food and fuel prices, before moderating thereafter. CPI inflation for 2026-27 was projected to be 5.0 percent, slightly down from the previous forecast of 5.1 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Croatia Inflation Picks Up Speed After 3-Month Slowdown (01 hr(s), 24 min(s), 21 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation accelerated in August after slowing over the pr ...Full Story»

U.S. Construction Spending Unexpectedly Falls 0.5% In July (05 hr(s), 31 min(s), 21 sec(s) ago)
(RTTNews) - Partly reflecting a steep drop in spending on residential construction, the Commerce D ...Full Story»

U.S. Manufacturing Index Pulls Back Slightly More Than Expected In August (05 hr(s), 40 min(s), 21 sec(s) ago)
(RTTNews) - A report released by the Institute for Supply Management on Tuesday showed a modest sl ...Full Story»

UK Manufacturing Growth Eases In August (05 hr(s), 45 min(s), 21 sec(s) ago)
(RTTNews) - The UK manufacturing activity expanded at the weakest pace in five months in August as ...Full Story»

U.S. Job Openings Rise From Downwardly Revised Level In July (05 hr(s), 47 min(s), 21 sec(s) ago)
(RTTNews) - Job openings in the U.S. increased from a downwardly revised level in the month of Jul ...Full Story»

Eurozone Manufacturing Growth Fastest Since 2022 (06 hr(s), 42 min(s), 21 sec(s) ago)
(RTTNews) - The euro area manufacturing sector expanded at the strongest pace since 2022 in August ...Full Story»

Greece Manufacturing Growth Strongest In 5 Months (06 hr(s), 55 min(s), 21 sec(s) ago)
(RTTNews) - Greece's manufacturing activity expanded at the fastest pace in five months as new ...Full Story»

Hungary Q2 GDP Growth Confirmed At 1.7% (07 hr(s), 27 min(s), 21 sec(s) ago)
(RTTNews) - Hungary's economic growth remained stable as initially estimated in the second qu ...Full Story»