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India macro › CPI inflation › July 2020

CPI inflation, July 2020: 6.73%

India's consumer price inflation rose to 6.73% in July 2020 from 6.23% in June, the highest since January 2020. Food inflation was 8.50%, against 7.92% 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, 2.73 points below inflation.

July 2020June 2020July 2019
CPI inflation6.73%6.23%3.15%
Food inflation8.50%7.92%2.33%
CPI inflation, food inflation and the repo rateAug 2017 – Oct 2026
−5%0%5%10%15%201820192020202120222023202420252026New CPI base (2024)6.73%
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.