{"id":436081,"date":"2026-08-12T18:40:10","date_gmt":"2026-08-12T11:40:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/indias-cpi-rises-further-to-4-45-in-july-as-food-prices-accelerate-436081\/"},"modified":"2026-08-12T18:40:10","modified_gmt":"2026-08-12T11:40:10","slug":"indias-cpi-rises-further-to-4-45-in-july-as-food-prices-accelerate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/indias-cpi-rises-further-to-4-45-in-july-as-food-prices-accelerate-436081\/","title":{"rendered":"India\u2019s CPI rises further to 4.45% in July as food prices accelerate"},"content":{"rendered":"<div>\n<p class=\"isSelectedEnd\">India\u2019s retail inflation accelerated in July, with the Consumer Price Index rising 4.45% y\/y, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). The reading marked a renewed increase in price pressures after headline inflation stood at 4.38% in June, but the data came below the 4.5% forecast.\u00a0<\/p>\n<p class=\"isSelectedEnd\">The July figure puts inflation above the Reserve Bank of India\u2019s 4% medium-term target, although it remains comfortably within the central bank\u2019s broader tolerance band of 2%-6%. The acceleration was largely associated with food prices, which continue to represent an important source of inflationary pressure for Indian households.\u00a0<\/p>\n<p class=\"isSelectedEnd\">The Consumer Food Price Index (CFPI) showed food inflation rising to 5.52% y\/y in July.\u00a0The increase was particularly pronounced in rural areas, where food inflation reached 5.79%, compared with 5.05% in urban India.\u00a0The  headline rate has moved further above the Reserve Bank of India&#8217;s 4% inflation objective, but it&#8217;s unlikely to change RBI&#8217;s policy just yet.\u00a0<\/p>\n<p class=\"isSelectedEnd\">\n<ul><\/ul>\n<p class=\"isSelectedEnd\">\n<p class=\"isSelectedEnd\">\n<p class=\"isSelectedEnd\">\n<p class=\"isSelectedEnd\">\n<p class=\"isSelectedEnd\">\n<p class=\"isSelectedEnd\">\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s retail inflation accelerated in July, with the Consumer Price Index rising 4.45% y\/y, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). The reading marked a renewed&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436081","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436081"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436081\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}