Skip to main content

India macro › CPI inflation › September 2022

CPI inflation, September 2022: 7.41%

India's consumer price inflation rose to 7.41% in September 2022 from 7.00% in August, the highest since April 2022. Food inflation was 8.41%, against 7.57% the month before. That is above the top of the RBI's 2–6% tolerance band. The repo rate was 5.40% at the end of the month, 2.01 points below inflation.

September 2022August 2022September 2021
CPI inflation7.41%7.00%4.35%
Food inflation8.41%7.57%1.61%
CPI inflation, food inflation and the repo rateOct 2019 – Oct 2026
−5%0%5%10%15%2020202120222023202420252026New CPI base (2024)7.41%
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.