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India macro › CPI inflation › June 2024

CPI inflation, June 2024: 5.08%

India's consumer price inflation rose to 5.08% in June 2024 from 4.80% in May, the highest since February 2024. Food inflation was 8.36%, against 7.87% the month before. That is inside the RBI's 2–6% tolerance band, above its 4% target. The repo rate was 6.50% at the end of the month, 1.42 points above inflation.

June 2024May 2024June 2023
CPI inflation5.08%4.80%4.87%
Food inflation8.36%7.87%4.69%
CPI inflation, food inflation and the repo rateJul 2021 – Oct 2026
−5%0%5%10%15%20222023202420252026New CPI base (2024)5.08%
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.