India’s retail inflation was recorded at 2.75% in January 2026 under the new Consumer Price Index (CPI) series (Base: 2024 = 100).
The data was released by the Ministry of Statistics and Programme Implementation (MoSPI) and is the first inflation estimate under the revised CPI framework.
The new CPI series replaces the earlier base year of 2012 and is based on the Household Consumption Expenditure Survey (2023–24).
The CPI basket now includes 358 weighted items (earlier 299), reflecting changing consumption patterns and the growing share of services.
Newly added items include online streaming services, rural housing, cleaner fuels (CNG, PNG), exercise equipment, and value-added dairy products.