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CPI Inflation Rises to 4.82% in August, RBI MPC to Meet Oct 5-7 for Rate Decision

Target:UPSC GS-IIIMPSCBankingSSC GATeachingPrelims HighMains MediumStatic GK Link
14 Sept 2026
~2 min
Source: Indian Express
Key Data:CPI inflation 4.82%Food inflation 5.95%Sugar price surge 19% MoMOnion price surge 22% MoMWPI inflation 9.92%Output PPI 9.81%
Bodies:RBIMPCMinistry of FinanceUS Federal Reserve
Practice MCQs from today's news ▸
What This Article Covers

1.CPI inflation rose to 4.82% in August from 4.45% in July, the highest in 8 months.

2.Food inflation surged to 5.95%, with sugar prices up 19% MoM and onion up 22% MoM.

3.RBI MPC meeting on Oct 5-7 is crucial; Governor and Deputy Governor have hinted at a rate hike, which would be the first since Feb 2023.

The Big Picture
Prelims · HighMains · Medium

India's CPI inflation rose to a 8-month high of 4.82% in August, driven by food price spikes in sugar (19% MoM) and onion (22% MoM). This strengthens the case for a repo rate hike at the upcoming RBI MPC meeting (Oct 5-7), which would be the first increase in 3.5 years. The news is critical for exam aspirants as it directly tests monetary policy tools, inflation targeting framework, and current economic data.

Exam Lens

Quick Exam Facts From News

CPI Inflation (Aug)4.82%
CPI Inflation (Jul)4.45%
Food Inflation (Aug)5.95%
Sugar Price Surge (MoM)19%
Onion Price Surge (MoM)22%
RBI Repo Rate (Current)5.25%
RBI Inflation Target4% ± 2%
WPI Inflation (Aug)9.92%
Output PPI Inflation (Aug)9.81%
GDP Growth (Q1 2026-27)7.8%

1-Minute Revision

  • ›CPI Inflation (Aug): 4.82%
  • ›CPI Inflation (Jul): 4.45%
  • ›Target this Data: CPI inflation for August 2026 = 4.82% (highest in 8 months); Food inflation = 5.95%
  • ›Target this Nodal Body: Reserve Bank of India (RBI) and its Monetary Policy Committee (MPC) - meeting dates Oct 5-7
  • ›Target this Legal Point: RBI's inflation target of 4% with a band of 2-6% under the RBI Act, 1934

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which institution is legally mandated to keep CPI inflation at 4% within a band of 2-6% in India?

Q2Statement-basedHard

Consider the following statements regarding the August 2026 inflation data:

1. The CPI inflation for August 2026 rose to 4.82%, the highest in at least eight months.

2. Food inflation as measured by the CPI fell to 5.52% in August from 5.95% in July.

3. The government allowed duty-free imports of up to 10 lakh tonnes of raw sugar to control soaring sugar prices.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what was the Wholesale Price Index (WPI) inflation for August 2026?

Q4Application/ImpactMedium

What is the primary objective of the RBI's Monetary Policy Committee (MPC) in the context of rising inflation?

All 15 MCQs ▸
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