India’s retail inflation at 2.75% in January as new 2024-base CPI series kicks in

In January 2026, India's retail inflation rose to 2.75%, the first figure from an updated Consumer Price Index series. This development is promising, as it remains beneath the Reserve Bank of India's inflation target. The revamped index better captures today's spending habits, reflecting a decreased emphasis on food items while incorporating our growing reliance on digital services.