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fxJun 12, 2026, 10:35 AM

India May CPI Rises 3.93% YoY, Misses 4% Estimate

India's annual consumer price inflation eased to 3.93% in May, below the market expectation of 4% but above the prior month's reading.

India's Consumer Price Index (CPI) rose 3.93% year-on-year in May, missing the consensus estimate of 4%. The reading came in higher than the previous month's figure, though the exact prior level was not specified in the source.

Inflation remains within the Reserve Bank of India's tolerance band, but the slight miss versus expectations may influence rate expectations. The data adds to global disinflation narratives as central banks monitor price pressures closely.

Source: FXStreet Forex News