SINGAPORE (ICIS)–India’s annualized inflation rate stood at 2.75% in January 2026, as the country moved to a revised base year index of 2024.
The inflation rate spiked primarily due to a massive surge in gold and silver jewelry prices.
Food price inflation, which now accounts for about 36.8% of the consumer price index (CPI) basket, was at 2.13% year on year, the Ministry of Statistics and Programme Implementation (MoSPI) said in a statement on 12 February.
Published by: www.icis.com
Jonathan Yee
13-Feb-2026
