# India retail inflation hits 19-month high of 4.45% in July

2026-08-12T04:29:29+00:00 | Governance | Indian Opinion Desk

Corroboration: 4 independent outlets

India's retail inflation rose to 4.45% in July, a 19-month high, driven by higher food and fuel prices, according to official data released on 12 August. The reading breached the Reserve Bank of India's 4% medium-term target for the second consecutive month but remains within the 2%, 6% tolerance band. Food inflation, a key component, stood at 5.52% in July, up from 5.32% in June, with onion, ginger and garlic showing strong price pressure. Economists expect inflation to edge up further in coming months, led by food. The RBI, which cut its full-year inflation forecast to 5% in August, is seen staying on hold for now.

## Coverage

- livemint.com <https://www.livemint.com/economy/india-retail-inflation-july-2026-cpi-rbi-mint-poll-11786430866661.html>
- thehindu.com <https://www.thehindu.com/business/Economy/retail-inflation-hits-19-month-high-of-445-in-july-2026-as-food-fuel-prices-rise/article71336331.ece>
- livemint.com <https://www.livemint.com/economy/india-inflation-cpi-retail-inflation-july-inflation-rbi-food-inflation-fuel-prices-interest-rates-mpc-gdp-growth-11786518716734.html>
- economictimes.indiatimes.com <https://economictimes.indiatimes.com/news/economy/indicators/inflation-likely-to-rise-from-here-as-food-prices-remain-key-risk-experts/articleshow/133185286.cms>

Tags: CPI, food prices, inflation, Monsoon, MPC, RBI
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