CPI likely at 4.5 pc in July with upside risks from food inflation: Report

New Delhi, Aug 6 (IANS) India’s consumer price index is expected to settle at 4.5 per cent in July 2026, with risks tilted to the upside as food inflation broadens across key items, a report said on Thursday.

The report from Bank of Baroda said inflation remains broad‑based across essential commodities, led by onions, edible oils, rice and pulses, although improved arrivals of key vegetables and a normal monsoon offer some comfort.