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EconomyPIB13 July 2026
Retail inflation eases to 4.38% in June 2026 (CPI, base 2024=100)
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📌 Summary:
- Retail inflation (All-India CPI, new base 2024=100) for June 2026 eased to 4.38% (provisional) YoY; rural 4.74%, urban 3.92%
- Consumer Food Price Index (CFPI) inflation at 5.32% YoY (rural 5.45%, urban 5.09%) — food remains the main pressure point
- Housing inflation 2.10%; CPI (General) index at 107.00 vs 105.91 in May 2026
- Lowest-inflation items: Potato (-20.34%), Peas (-9.67%), Motor car & jeep (-6.89%)
- Highest-inflation items: Silver jewellery (133.21%), Ginger (50.41%), Gold/Diamond/Platinum jewellery (36.82%), Tomato (31.92%)
- Released by the National Statistics Office (NSO), Ministry of Statistics & Programme Implementation (MoSPI)
🎯 UPSC Relevance: GS3 (Economy) — inflation measurement, RBI's 4% (±2%) flexible inflation targeting, food vs core inflation dynamics.
📝 Prelims Facts:
- CPI base year has been revised to 2024=100
- RBI's medium-term CPI inflation target is 4% with a ±2% tolerance band
- CFPI measures retail food inflation and is released monthly by NSO/MoSPI
🔑 Key Term: CFPI — Consumer Food Price Index, tracks retail-level price changes of food items within the CPI basket.
CPIinflationCFPIMoSPI
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