India’s retail CPI rises strongly by 4.38% in June, beats 4.3% estimates
India’s retail Consumer Price Index (CPI) rises at an annualized pace of 4.38% in June, stronger than 4.3% estimates and the previous reading of 3.93%.
Market reaction
No strong reaction is seen in the Indian Rupee (INR) following the release of the India's CPI data. At press time, USD/INR trades higher at around 95.60.
Economic Indicator
Consumer Price Index (YoY)
The India Consumer Price Index released by the Ministry of Statistics and Programme Implementation measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes in purchasing trends. A high reading is positive (or bullish) for the INR, while a low reading is negative (or bearish).
Read more.Last release: Mon Jul 13, 2026 10:30
Frequency: Monthly
Actual: 4.38%
Consensus: 4.3%
Previous: 3.93%
Source: Ministry of Statistics and Programme Implementation