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India macro › CPI inflation › August 2024

CPI inflation, August 2024: 3.65%

India's consumer price inflation rose to 3.65% in August 2024 from 3.60% in July. Food inflation was 5.30%, against 5.06% the month before. That is inside the RBI's 2–6% tolerance band, below its 4% target. The repo rate was 6.50% at the end of the month, 2.85 points above inflation.

August 2024July 2024August 2023
CPI inflation3.65%3.60%6.83%
Food inflation5.30%5.06%–
CPI inflation, food inflation and the repo rateSep 2021 – Oct 2026
−5%0%5%10%15%20222023202420252026New CPI base (2024)3.65%
Year-on-year inflation for All India, rural and urban combined. The CPI moved to a 2024 base in January 2026, so the figures either side of the dashed line come from different series.

Source: Ministry of Statistics and Programme Implementation (MoSPI). MoSPI revises earlier periods as fuller data arrives; this page shows the latest published figure. The latest figures for every indicator are on the India macro dashboard.