The data for February is the second inflation print under the updated Consumer Price Index series which has a base year of 2024 for prices and comes ahead of the Reserve Bank of India’s interest rate decision in early April.

The Indian crude oil price for its crude oil basket rose from $69.01 per barrel at the end of February to $80.16 per barrel on March 2 2026. Sitharaman stated that the current inflation impact from the price increase will not reach significant levels because current inflation rates remain low.

BENGALURU (Reuters) -India's consumer inflation rate likely plunged to the lowest in at least a decade in October on a sustained fall in food prices, and intensified by a higher base of comparison last year, according to the median forecast in a Reuters ...

Explore Consumer Price Index trends and inflation insights shaping the economy of India, policy reforms, GST 2.0 impact, and factors driving price stability.

The U.S. and Israel's attack on Iran is expected to weigh more on India's economic growth than its inflation, which will encourage the Reserve Bank of India to keep interest rates low, three sources familiar with policymakers' thinking and analysts said.

NEW DELHI (Reuters) -India's retail inflation slumped to a record low of 0.25% in October, driven by a sharp fall in food prices and tax cuts on consumer goods, paving the way for a rate cut by the central bank in December. Low inflation, declining ...