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India macro › CPI inflation › May 2022

CPI inflation, May 2022: 7.04%

India's consumer price inflation eased to 7.04% in May 2022 from 7.79% in April. Food inflation was 7.84%, against 8.10% the month before. That is above the top of the RBI's 2–6% tolerance band. The repo rate was 4.40% at the end of the month, 2.64 points below inflation.

May 2022April 2022May 2021
CPI inflation7.04%7.79%6.30%
Food inflation7.84%8.10%5.24%
CPI inflation, food inflation and the repo rateJun 2019 – Oct 2026
−5%0%5%10%15%2020202120222023202420252026New CPI base (2024)7.04%
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.