How India's monsoon shaped this year's food inflation
A patchy June and a heavy August moved vegetable prices more than any policy decision did. We trace the rain, mandi by mandi.
3.6%
+0.1ppfrom 3.5%
As of 30 June 2026Monthly
CPI core (ex food & fuel), year-on-year % change, monthly
Core inflation strips food and fuel out of the CPI basket, leaving a steadier read on underlying price pressure. The RBI watches this closely because food and fuel swings are often temporary, while core moves tend to reflect genuine demand.
Ministry of Statistics and Programme Implementation (MoSPI)
Derived monthly from the same CPI release, around the 12th.
A patchy June and a heavy August moved vegetable prices more than any policy decision did. We trace the rain, mandi by mandi.
Ten years, three crashes, one pandemic — and an index that still compounded near 12% a year. The long view on Indian equities.
Electronics and pharmaceuticals are pulling away from the pack, while textiles tread water. A visual audit of the index of industrial production.
GDP is the most quoted and least understood number in Indian public life. A field guide to what it measures, what it misses, and how to read it.