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India macro › CPI inflation › January 2019

CPI inflation, January 2019: 1.97%

India's consumer price inflation was 1.97% in January 2019. Food inflation was −1.29%. That is below the bottom of the RBI's 2–6% tolerance band. The repo rate was 6.50% at the end of the month, 4.53 points above inflation.

January 2019December 2018January 2018
CPI inflation1.97%––
Food inflation−1.29%––
CPI inflation, food inflation and the repo rateFeb 2016 – Oct 2026
−5%0%5%10%15%2017201820192020202120222023202420252026New CPI base (2024)1.97%
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.