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High Frequency Indicators · CPI

Monthly pulse · MoSPI / NSO

Retail Inflation, Month by Month

This is the number that sets your EMIs. CPI-Combined is the inflation the RBI targets at 4%, within a 2–6% band — it decides whether interest rates, and your loan costs, rise or fall. Track the headline against that band, then drill into what's actually moving it: food, fuel, and the food basket right down to fruits and vegetables. Numbers are MoSPI's own, to the month.

Two base years, side by side. In February 2026 MoSPI moved CPI to a new base year (2024=100) with a new international (COICOP) classification and updated weights. Use the Base switch above the chart. 2024=100 is the current official structure — the headline back-cast continuously to 2013, and the twelve COICOP groups (Food & beverages, Housing, Transport, Health, and the rest) from January 2025. 2012=100 keeps the legacy series and its granular food basket — cereals, oils, fruits, vegetables — running to December 2025, where the old series ends. Each base shows only MoSPI’s own published numbers on its own base; nothing is spliced across the break. Inflation is the year-on-year change; a falling rate means prices are rising more slowly, not falling.
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Retail Inflation
Consumer Price Index (CPI-Combined), year-on-year — the rate the RBI targets at 4%, within a 2–6% band.
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politypolicy.com · by Tushar Gupta

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High Frequency Indicators · India, in Numbers
This is one of a growing set of trackers.
High-frequency reads on the economy — inflation, trade, credit, payments, the rupee, power and more — each built from primary data and updated as it lands.