New Delhi, Feb. 13 -- Core inflation in India declined sharply to 3.4 per cent under the new Consumer Price Index (CPI) 2024 base series, compared to around 4.15 per cent under the 2012 series, even as headline retail inflation edged up to 2.75 per cent in January 2026, according to the latest report released by the State Bank of India.
The report noted that overall CPI inflation under the new 2024 base stood at 2.75 per cent in January 2026, marginally higher than 2.55 per cent calculated under the old 2012 base using the linking factor.
Rural inflation was recorded at 2.73 per cent, while urban inflation stood slightly higher at 2.77 per cent. Food inflation came in at 2.13 per cent.
The sharp moderation in core CPI to 3.4 per cent und...