India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters poll
- Posted on September 9, 2026
- By Business News Today
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- 1 min read
In brief
India's consumer inflation is expected to reach its highest level in 20 months during August, driven primarily by escalating food and fuel costs. The uptick marks the third consecutive month exceeding the Reserve Bank of India's target threshold. International factors, including volatile crude oil and cooking gas prices, are intensifying domestic price pressures. Economists anticipate annual consumer price inflation will surge to approximately 4.80 percent, reflecting broader economic challenges in managing cost-of-living pressures across Indian households.
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India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters poll
India faces an anticipated spike in consumer inflation, predicting a high not seen in 20 months this August. Rising food and fuel prices are at the forefront of this increase, as the trend of surpassing the Reserve Bank of India's inflation target continues for the third month. Additionally, global crude oil and cooking gas prices are contributing heavily. Experts forecast that annual consumer price inflation will climb to 4.80 percent.
