Business Economy


Inflation up by 2.75pc as base revision takes effect: PHDCCI

New Delhi, Feb 12 (UNI) The Consumer Price Index registered an increment from 1.33 per cent for Dec 2025 to 2.75 per cent for Jan 2026 (provisional) as the base is revised from 2012 to 2024 on the basis of Household Consumption Expenditure Survey 2023-24.
Rajeev Juneja, president of PHDCCI, said in a communique on Thursday: “Looking ahead, improved data quality and supply-side management is a win-win for industry and macroeconomic stability.”
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: 36.75per cent), the Food and Beverages division saw a moderate inflation of 2.11 per cent
“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 per cent,” said Juneja.
"Though CPI witnessed an increase in January, 2026, the inflation is well within the target range for RBI threshold."
Dr Ranjeet Mehta, CEO & Secretary General, PHDCCI said, “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.”
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