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Data from Emerging Markets composite. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia India CPI Inflation climbed to 3.93 Percent in May 2026
Emerging Markets compositeMonthlyReleased June 2026
India India CPI Inflation climbed to 3.93 Percent in May 2026, released June 2026, up 0.45 Percent from April's 3.48 Percent reading.
Latest Release
3.930000
Actual
—
Consensus
3.480000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
India CPI Inflation (India) was reported at 3.93 Percent in May 2026. The reading rose from the previous value of 3.48 Percent. Over the past 12 months, the indicator has averaged 1.01 Percent, ranging from 0.05 Percent to 3.93 Percent across 12 releases. This is classified as a critical-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 1.44 Percent, up from the prior three at 0.58 Percent. Volatility over the past year (σ 1.07 Percent) is lower than the prior year (σ 1.93 Percent). In June readings over the past 3 years, India CPI Inflation has averaged 2.41 Percent.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include MPC Meeting Minutes (Jun 19) and Monetary Policy Meeting Minutes (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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India CPI Inflation - IN
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About India CPI Inflation — India
DEFINITION
India CPI Inflation for May rose to 3.930000 percent, up from April’s 3.480000 percent, marking a clear acceleration in consumer price growth. The increase signals mounting inflationary pressures after a moderate rise the previous month. Market participants will closely watch upcoming RBI policy decisions amid this inflation uptick. Updated 6/14/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Releases in this category are tier-1 market events that frequently produce same-session cross-asset repricing. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 3.93 Percent. Prior reading (May 2026): 0.27 Percent. Before that (Mar 2026): 0.11 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.