14-Aug-2026      11:54

Geopolitical tensions and below-par Monsoon spikes India's CPI

India's retail inflation based on the Consumer Price Index (CPI) rose to a 19-month high of 4.45% in July 2026, up from 4.38% in June 2026. According to the PHD Chamber of Commerce and Industry (PHDCCI), below-average monsoon rainfall and lingering global geopolitical strains are actively squeezing supply chains, driving domestic input and logistical costs upward. Despite un-ideal weather conditions, farmers have remained determined, ensuring that demand for food is met. Additionally, above adequate inventories of staples including rice and wheat have supported domestic availability of food”, says Mr. Rajeev Juneja, President, PHDCCI

News source: Capital Market - Live News