India: Inflation accelerates to 4.38% in June, exceeding forecasts

Source: CNBC

“India’s consumer price inflation rose to 4.38% in June, up from 3.93% in May as the U.S.-Iran war ‌and a weak monsoon raised food and fuel prices, adding to cost pressures. The headline inflation number was above economists’ expectations for a 4.30% rise, according to a Reuters poll. … Last month, India’s central bank kept interest rates unchanged but said it expects inflation to rise and growth to temper in the financial year ending March 2027.” (07/13/26)

https://www.cnbc.com/2026/07/13/india-june-inflation-oil-food-iran-war.html