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.
Meera Kulkarni
Real-Time Proxies
UPI Transactions
19.8bn
+3.7%from 19.1bn
As of 30 June 2026Monthly
UPI keeps compounding
Monthly UPI transaction volume, billions
Source: NPCI monthly statistics; illustrative seriesShare or embed this chart
What this measures
UPI transaction volume tracks how many payments run through India's Unified Payments Interface each month — the real-time payments rail now used for everything from street vendors to salary transfers. It's one of the best live signals of everyday economic activity.
Source & release schedule
National Payments Corporation of India (NPCI)
Released monthly, in the first week of the following month.
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