# Retail inflation rises to 4.45% in July on food prices

2026-08-12T19:37:07+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 3 independent outlets

India's retail inflation, based on the Consumer Price Index, rose to 4.45% in July, up from 4.38% in June, driven by soaring prices of kitchen staples such as onions (22.54%) and ginger (83.62%). Food inflation surged to 5.52%, according to data from the National Statistics Office. Telangana recorded the highest inflation at 6.32%, while Mizoram had the lowest at 1.84%. SBI Research warns inflation may temporarily cross 6% in October-November due to adverse base effects and higher edible oil prices, before moderating to around 5% in Q4 FY27. The Reserve Bank of India has projected CPI inflation for 2026-27 at 5%. Core inflation remains benign, with the RBI expected to keep the repo rate steady at 5.25%.

## Coverage

- rediff.com <https://www.rediff.com/business/report/india-retail-inflation-july-2024-food-prices-drive-cpi-to-445/20260812.htm>
- businesstoday.in <https://www.businesstoday.in/latest/economy/story/inflation-may-cross-6-in-october-november-sbi-research-warns-of-temporary-spike-548877-2026-08-12?utm_source=rssfeed>
- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/retail-inflation-rises-to-445-in-july/article71336086.ece>

Tags: CPI, food prices, monetary policy, RBI, retail inflation, SBI Research
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