India's three inflation indices (CPI, WPI, PPI) all rose in June 2026, with CPI at 4.38% crossing the RBI's 4% target for the first time in 17 months. Core inflation (ex food & fuel) remained flat at 3.9%, signaling subdued consumption despite high GDP growth. Falling Chinese producer prices and GST rate cuts have imported deflation, keeping core low, but base effects will soon fade. The data suggests consumption still needs monetary policy support.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›CPI Inflation (June 2026): 4.38%
- ›Core Inflation (ex food & fuel): 3.9%
- ›Target this Data: CPI inflation June 2026 = 4.38%; Core inflation = 3.9% (unchanged); WPI = 9.87%
- ›Target this Nodal Body: Reserve Bank of India (RBI) – targets headline CPI inflation at 4%
- ›Target this Concept: Core inflation excludes food and fuel; narrow core also excludes gold and silver
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.