Data to 5 October 2026

How is the economy doing?

Core CPI inflation

4.4%
year on year, Aug 2026

Inside its usual range of 4.3% to 6.1%. The low is 3.1%, in May 2024. Up from 4.1% a year ago.

2015202020252.0%4.0%6.0%8.0%10.0%3.1%, May 2024usual range, 4.3% to 6.1%4.4%2015202020252.0%4.0%6.0%8.0%10.0%3.1%, May 2024usual range, 4.3% to 6.1%4.4%201220142016201820202022202420262.0%4.0%6.0%8.0%10.0%10.4%, Jan 20123.1%, May 2024usual range, 4.3% to 6.1%4.4%201220142016201820202022202420262.0%4.0%6.0%8.0%10.0%10.4%, Jan 20123.1%, May 2024usual range, 4.3% to 6.1%4.4%

What it is. Consumer inflation excluding food and fuel.

How to read it. Food and fuel prices swing with the weather and oil. Core inflation shows the underlying trend the RBI watches.

Source: MoSPI / National Statistics Office, eSankhyiki API Method Data

The numbers

Latest4.4%Aug 2026
A week ago4.2%
A month ago4.2%
A year ago4.1%
Usual range4.3% to 6.1%
Median5.0%
Lowest3.1%1 May 2024
Highest10.4%1 Jan 2012
Percentile, full history32
Percentile, last 5 years56

The usual range is the middle half of readings since 2012. A percentile is the share of the 176 readings since 1 Jan 2012 that were below today's. Data: statistics, history (JSON); history as CSV.

To cite: tipsheet, “Core CPI inflation”, data to Aug 2026, https://tipsheet.markets/i/core-cpi-inflation/

Read it with

CPI inflation 4.8%usual
WPI inflation 9.9%above usual
Real GDP growth 7.8%above usual
Unemployment rate (PLFS) 5.0%new series
Market value of NSE-listed companies ₹467.7 lakh crbelow its record

the usual range: the middle half of all readingstodayEach line runs from the lowest reading ever to the highest.