{
  "id": 655080,
  "title": "India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI target",
  "url": "https://urgent.news/2026/08/12/indias-july-inflation-quickens-to-4-45-from-4-38-in-june-stays-above",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T10:34:13.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/indias-july-inflation-quickens-to-4-45-from-4-38-in-june-stays-above-rbi-target/articleshow/133178130.cms"
  },
  "original_language": "en",
  "account": "India's July inflation accelerated to 4.45% compared to 4.38% in June, as food prices remained high and drove up overall price pressures, according to government data released on Wednesday. The Consumer Price Index (CPI) reading stayed above the Reserve Bank of India's (RBI) medium-term inflation target of 4%. Inflation surpassed the central bank's target in June after remaining low for a long time. RBI is required to keep headline retail inflation at 4%, allowing it to fluctuate within a range of 2% to 6% for the period from April 1, 2026, to March 31, 2031. A Reuters poll of 40 economists forecasted retail inflation to increase to 4.50% in July from 4.38% in June. July inflation marked the highest level since India started using its revised CPI series with a new base year and updated consumption basket earlier this year.",
  "summary": "India's retail inflation rose to 4.45 percent in July from 4.38 percent in June, mainly due to increasing food prices. This is according to The Economic Times - Economy. The Reserve Bank of India's inflation prediction for FY27 has been adjusted down to five percent.\n\nThe reports also mention US inflation data, with Business Insider and FXStreet citing expectations of a modest cooling down in July. According to Business Insider, the consensus forecast is for inflation to decline to 3.4 percent. FXStreet forecasts the annual reading to retreat to 3.4 percent from 3.5 percent in June.\n\nThe Economic Times - Economy notes that, in India, excluding precious metals, core inflation appears to be under control.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "US CPI data set to show softer inflation in July as markets reassess Fed rate hike bets",
        "url": "https://urgent.news/2026/08/12/us-cpi-data-set-to-show-softer-inflation-in-july-as-markets-reassess",
        "published": "2026-08-12T08:30:00.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Groww adds over 70,000 active clients in July: NSE data",
        "url": "https://urgent.news/2026/08/12/groww-adds-over-70-000-active-clients-in-july-nse-data",
        "published": "2026-08-12T09:56:45.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "CPI data: Retail inflation moves up to 4.45% in July; above RBI's target for 2nd month",
        "url": "https://urgent.news/2026/08/12/cpi-data-retail-inflation-moves-up-to-4-45-in-july-above-rbis-target",
        "published": "2026-08-12T10:53:40.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "India’s inflation accelerates to 4.45% in July, raising hopes of a rate hike later this year",
        "url": "https://urgent.news/2026/08/12/indias-inflation-accelerates-to-4-45-in-july-raising-hopes-of-a-rate",
        "published": "2026-08-12T11:01:06.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "India July inflation accelerates to 4.45%, unlikely to alter RBI rate outlook",
        "url": "https://urgent.news/2026/08/12/india-july-inflation-accelerates-to-4-45-unlikely-to-alter-rbi-rate",
        "published": "2026-08-12T11:21:45.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "US inflation cooled slightly to 3.4% in July, according to latest data",
        "url": "https://urgent.news/2026/08/12/us-inflation-cooled-slightly-to-3-4-in-july-according-to-latest-data",
        "published": "2026-08-12T12:39:46.000Z"
      },
      {
        "outlet": "The Hill",
        "title": "Inflation fell in July as Iran war marches on",
        "url": "https://urgent.news/2026/08/12/inflation-fell-in-july-as-iran-war-marches-on",
        "published": "2026-08-12T12:46:18.000Z"
      },
      {
        "outlet": "WSJ Economy",
        "title": "The inflation rate cooled to 3.4% in July, the Labor Department said Wednesday, lower than June’s 3.5%",
        "url": "https://urgent.news/2026/08/12/the-inflation-rate-cooled-to-3-4-in-july-the-labor-department-said",
        "published": "2026-08-12T13:03:00.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "CPI report shows inflation eased in July to a 3.4% annual pace",
        "url": "https://urgent.news/2026/08/12/cpi-report-shows-inflation-eased-in-july-to-a-3-4-annual-pace",
        "published": "2026-08-12T13:05:05.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "US inflation cools slightly to 3.4pc in July",
        "url": "https://urgent.news/2026/08/12/us-inflation-cools-slightly-to-3-4pc-in-july",
        "published": "2026-08-12T13:40:03.000Z"
      },
      {
        "outlet": "NPR",
        "title": "Inflation eases in July as gasoline and grocery prices fall",
        "url": "https://urgent.news/2026/08/12/inflation-eases-in-july-as-gasoline-and-grocery-prices-fall",
        "published": "2026-08-12T14:00:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}