CPI data: Retail inflation moves up to 4.45% in July; above RBI's target for 2nd month
Retail inflation in India rose to 4.45% in July 2026, surpassing the Reserve Bank of India's (RBI) target for the second consecutive month. Rural inflation was higher at 4.84%, while urban areas saw a lower rate of 3.96%. This trend indicates ongoing inflationary pressures as the RBI continues to monitor economic conditions.