India's Retail Inflation Rises To 2.75% In January In First Data Under New CPI Series

India's retail inflation has recorded an increase, reaching 2.75% in January 2026, marking the first release of data under the newly revised Consumer Price Index (CPI) series. The government has updated the base year for the CPI from 2012 to 2024, reflecting a shift to more current economic conditions. Additionally, the CPI basket has been expanded from 299 to 358 items, which aims to provide a more comprehensive view of consumer prices. This change comes as part of a broader initiative to enhance the accuracy of inflation measurement in the country. The adjustment in the CPI is expected to influence economic policy and decision-making, as inflation is a critical indicator for both the Reserve Bank of India and the government in formulating fiscal strategies. The rise in inflation is a point of concern, yet it also reflects the ongoing recovery process of the economy as it navigates post-pandemic challenges and global economic fluctuations.