Industry Odisha Bureau, Jul 30: Reflecting a modest rise in retail prices amid stable core inflation, India’s inflation in July 2026 is reportedly expected to be around 4.4–4.7 per cent.
As per the reportedly recent inflation data, “The Consumer Price Index (CPI) indicates that India’s year-over-year (YoY) inflation was 4.72% for the 12 months ending May 2026 and 4.38% in June 2026.”
Media reports, citing the July 2026 Bulletin of the Reserve Bank of India (RBI), stated that, “Retail inflation inched up in June 2026, while core inflation, excluding volatile items like precious metals, remained low. While the domestic economy has maintained healthy demand conditions, liquidity improvements have supported robust credit growth. The external sector outlook is steady aided by foreign investment inflows that helps moderate the inflationary pressures.”
Media reports, quoting views of analysts, have stated that, “While slight increase in consumer prices may affect household purchasing power, particularly for food and fuel, the low core inflation suggests that underlying price pressures remain contained giving the RBI flexibility in monetary policy. The RBI monitors the trends to adjust liquidity and interest rate measures if inflation deviates significantly from the target range.”
