RBI CPI projection
RBI's CPI inflation projection for the financial year, at each MPC meeting. Monthly, per cent. Latest: 5.20 (Oct 2026).
Level
per cent
About this series
| Series id | mpc_cpi_projection |
| Source | RBI: Minutes of the Monetary Policy Committee Meeting |
| Coverage | Aug 2021 to Oct 2026 (25 observations) |
| Release | Minutes published about two weeks after the meeting |
| Updated by | Daily automated pipeline · pipelines/sources/rbi/mpc_decisions.py |
| Licence | Terms not yet reviewed; not offered for download |
| Notes | Per cent, the whole-year CPI inflation projection stated in the MPC resolution; period = month of the meeting; the note gives the year projected. From 2023 (earlier statements project half-years). |
| Checked against the official release | Not yet. Values come straight from the publisher, but no one has yet compared them with the press release. |
Download and cite
Not available for download (see licence).
Cite: IndiaTracker (2026). RBI's CPI inflation projection for the financial year, at each MPC meeting [mpc_cpi_projection]. Retrieved 1 Nov 2026. Original source: RBI.
Latest observations
| Period | Value | Note |
|---|---|---|
| Oct 2026 | 5.20 | for 2026-27 |
| Aug 2026 | 5.00 | for 2026-27 |
| Jun 2026 | 5.10 | for 2026-27 |
| Apr 2026 | 4.60 | for 2026-27 |
| Feb 2026 | 2.10 | for 2025-26 |
| Dec 2025 | 2.00 | for 2025-26 |
| Oct 2025 | 2.60 | for 2025-26 |
| Aug 2025 | 3.10 | for 2025-26 |
| Jun 2025 | 3.70 | for 2025-26 |
| Apr 2025 | 4.00 | for 2025-26 |
| Feb 2025 | 4.80 | for 2024-25 |
| Dec 2024 | 4.80 | for 2024-25 |
| Oct 2024 | 4.50 | for 2024-25 |
| Aug 2024 | 4.50 | for 2024-25 |
| Jun 2024 | 4.50 | for 2024-25 |
| Apr 2024 | 4.50 | for 2024-25 |
| Feb 2024 | 5.40 | for 2023-24 |
| Dec 2023 | 5.40 | for 2023-24 |
| Oct 2023 | 5.40 | for 2023-24 |
| Aug 2023 | 5.40 | for 2023-24 |
| Jun 2023 | 5.10 | for 2023-24 |
| Apr 2023 | 5.20 | for 2023-24 |
| Feb 2023 | 5.30 | for 2023-24 |
| Oct 2021 | 5.30 | for 2021-22 |
Revisions
No revisions recorded since this series was added. When the publisher revises a past value, the old and new values appear here.