Monthly inflation in India slowed to 0.88% in July 2026, down from 1.03% in the prior month. Inflation Rate MoM in India averaged 0.47 percent from 2011 until 2026, reaching an all time high of 2.93 percent in July of 2023 and a record low of -1.55 percent in December of 2013. source: Ministry of Statistics and Programme Implementation (MOSPI)

Inflation Rate MoM in India is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Inflation Rate MoM is projected to trend around 0.50 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-13 10:30 AM
Inflation Rate MoM
Jun 1.03% 0.75% 0.7%
2026-08-12 10:30 AM
Inflation Rate MoM
Jul 0.88% 1.03% 0.5%
2026-09-12 10:30 AM
Inflation Rate MoM
Aug 0.88%



Components Last Previous Unit Reference
CPI Clothing and Footwear 108.45 107.97 points Jul 2026
CPI Education Services 108.58 107.52 points Jul 2026
Consumer Food Price Index (CFPI) 109.10 107.15 points Jul 2026
CPI Housing and Utilities 103.85 103.54 points Jul 2026
CPI Recreation, Sport and Culture 104.49 104.36 points Jul 2026
CPI Restaurants and Accommodation Services 112.68 111.46 points Jul 2026
CPI Transport 105.63 105.45 points Jul 2026
Food Inflation 5.52 5.32 percent Jul 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 107.94 107.00 points Jul 2026
Inflation Rate YoY 4.45 4.38 percent Jul 2026
Inflation Rate MoM 0.88 1.03 percent Jul 2026


India Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.88 1.03 2.93 -1.55 2011 - 2026 percent Monthly
NSA