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India macro › CPI inflation › January 2022

CPI inflation, January 2022: 6.01%

India's consumer price inflation rose to 6.01% in January 2022 from 5.66% in December, the highest since June 2021. Food inflation was 5.58%, against 4.47% the month before. That is above the top of the RBI's 2–6% tolerance band. The repo rate was 4.00% at the end of the month, 2.01 points below inflation.

January 2022December 2021January 2021
CPI inflation6.01%5.66%4.06%
Food inflation5.58%4.47%2.67%
CPI inflation, food inflation and the repo rateFeb 2019 – Oct 2026
−5%0%5%10%15%2020202120222023202420252026New CPI base (2024)6.01%
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.