July household inflation little changed at 4.45%, food prices rise
Household inflation in India remained stable at 4.45% in July, slightly up from 4.38% in June. Food inflation rose to 5.52%, influenced by significant price hikes in key items like onions, which surged 22.54%. The Reserve Bank of India forecasts inflation will average 4.3% in 2026-27, indicating ongoing economic pressures.