Macro EconomyMedium•12 October 2026•
1 min read

India's Annual Retail Inflation Rises to 5.54% in September, Exceeding Estimates

Key Facts

1India's annual consumer price inflation rose to 5.54% in September from 4.82% in August.
2India's central bank expects core inflation to be at 4.4% for the financial year ending March 2027.

India's annual consumer price inflation rose to 5.54% in September from 4.82% in August. CNBC reported that the acceleration followed rising energy costs, keeping the headline figure above the central bank's medium-term target of 4%.

The Reserve Bank of India expects core inflation to reach 4.4% for the financial year ending March 2027. This inflationary pressure follows a central bank decision on October 7, 2026, which saw interest rates set at 5.5%.