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India macro › CPI inflation › January 2020

CPI inflation, January 2020: 7.59%

India's consumer price inflation rose to 7.59% in January 2020 from 7.35% in December. Food inflation was 11.72%, against 12.16% the month before. That is above the top of the RBI's 2–6% tolerance band. The repo rate was 5.15% at the end of the month, 2.44 points below inflation.

January 2020December 2019January 2019
CPI inflation7.59%7.35%1.97%
Food inflation11.72%12.16%−1.29%
CPI inflation, food inflation and the repo rateFeb 2017 – Oct 2026
−5%0%5%10%15%201820192020202120222023202420252026New CPI base (2024)7.59%
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.