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India macro › CPI inflation › July 2019

CPI inflation, July 2019: 3.15%

India's consumer price inflation eased to 3.15% in July 2019 from 3.18% in June. Food inflation was 2.33%, against 2.37% the month before. That is inside the RBI's 2–6% tolerance band, below its 4% target. The repo rate was 5.75% at the end of the month, 2.60 points above inflation.

July 2019June 2019July 2018
CPI inflation3.15%3.18%–
Food inflation2.33%2.37%–
CPI inflation, food inflation and the repo rateAug 2016 – Oct 2026
−5%0%5%10%15%2017201820192020202120222023202420252026New CPI base (2024)3.15%
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.