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EconomyPIB13 June 2026
Consumer Price Index (Base 2024=100) for May 2026 released
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๐ Summary:
- Headline retail inflation (CPI, base 2024=100) for May 2026 stood at 3.93% (provisional) y-o-y, up from 3.48% (final) in April 2026
- Rural inflation 4.25%, urban inflation 3.53%
- Consumer Food Price Index (CFPI) inflation 4.78% (rural 4.85%, urban 4.66%)
- Housing inflation 2.12% (rural 2.73%, urban 1.91%)
- Lowest-inflation items: Potato (-23.71%), Peas (-11.47%), Motor car/jeep (-7.19%), Cumin (-4.59%)
- Highest-inflation items: Silver jewellery (155.23%), Tomato (48.43%), Gold/diamond/platinum jewellery (40.93%), Ginger (32.49%)
- Compiled and released by the National Statistical Office (NSO), Ministry of Statistics & Programme Implementation (MoSPI)
๐ฏ UPSC Relevance: GS3 Economy โ inflation measurement, CPI vs CFPI, and the linkage to RBI's flexible inflation-targeting framework (4% ยฑ2%).
๐ Prelims Facts:
- CPI base year revised to 2024=100
- CPI is compiled by NSO under MoSPI; WPI is released by the Office of the Economic Adviser, DPIIT
- RBI uses headline CPI as the nominal anchor for monetary policy
๐ Key Term: CFPI โ Consumer Food Price Index, measures retail-level food inflation.
CPIinflationMoSPICFPI
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