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RBI

Retail Inflation Hits 4.45% in July as Food Price Rise Again

22 days ago · Lumic

Graph showing retail inflation in India rising to 4.45% in July, impacting the Indian economy and RBI policy.
Lumic
22 days ago
Retail Inflation Hits 4.45% in July as Food Price Rise Again
KEY POINTS
Retail inflation rose to 4.45% in July, moving above RBI's 4% target for a second month
Retail inflation rose to 4.45% in July, moving above RBI's 4% target for a second month
Core inflation stayed at 3.9%, showing broader price pressures remain contained.
LUMIC INSIGHT
Expect fewer rate cuts if inflation keeps rising.
Business Standard·22 days ago

This "Insights" piece delves into the latest CPI data, revealing that retail inflation in India climbed to 4.45% in July. This marks the second consecutive month the inflation rate India has stayed above the Reserve Bank of India's (RBI) target of 4%. While food inflation has once again become a driving factor, core inflation remained stable at 3.9%, suggesting that broader price pressures are relatively contained for now. Understanding these movements in CPI inflation July 2026 is crucial for gauging the trajectory of the Indian economy and the RBI's upcoming monetary policy decisions. The Lumic app provides clarity on such financial news, helping you grasp the implications of the RBI repo rate and interest rates India in the current economic climate.

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