February 12, 2026: Consumer Price Index registered an increment from 1.33% for December, 2025 to 2.75% for January, 2026 (Provisional), as base is revised from 2012 to 2024 on the basis of Household Consumption Expenditure Survey 2023-24.
“Looking ahead, improved data quality and supply-side management is a win-win for industry and macroeconomic stability,” said Mr. Rajeev Juneja, President, PHDCCI in a press statement issued here today.
Inflation increased mainly due to price hikes in personal care, social protection and miscellaneous goods and services, Education services, and Clothing. Despite being the top contributor to inflation (weight: 36.75%), the Food and Beverages division saw an moderate inflation of 2.11%, he said.
He added, “The top 5 items that registered the highest inflation are Silver Jewellery, Tomato, Coconut: copra, Gold/Diamond/Platinum Jewellery, and Coconut oil, with Silver Jewellery topping the list with an increment of about 160%.”
Though CPI witnessed an increase in January, 2026, the inflation is well within the Target range for RBI threshold., he added.
“The provisional inflation rate of 2.75 % in January 2026 suggests stable consumer prices, a key driver for business planning, investment analysis, and household welfare. Transparent inflation measurement contributes to economic confidence and aids in monetary and fiscal policy formulation”, said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.
