India's Retail Inflation Rises to 3.4% in March Amid Food and Fuel Price Pressures
Updated
Updated · Bloomberg · Apr 13
India's Retail Inflation Rises to 3.4% in March Amid Food and Fuel Price Pressures
52 articles · Updated · Bloomberg · Apr 13
India's retail inflation rose to 3.4% in March 2026, up from 3.21% in February, driven mainly by higher food and fuel prices.
Food inflation reached 3.87%, with notable increases in items like gold, silver jewellery, coconut, tomato, and cauliflower, while some staples saw price declines.
Economists attribute the uptick partly to the West Asia crisis, and expect the Reserve Bank of India to maintain its current policy rate amid ongoing uncertainty.
Can India maintain its moderate inflation and growth amidst the ongoing Strait of Hormuz crisis?
With updated CPI weights, will India's rural-urban inflation gap continue to narrow, or will new disparities emerge?
Will the RBI's June rate cuts effectively counter the rising energy costs from global geopolitical tensions?
Beyond oil, how will the Hormuz crisis impact global manufacturing and critical non-oil commodities like fertilizers?
What concrete steps is India taking to diversify its fuel sources and build resilience against future global shocks?
How will the Strait of Hormuz disruption reshape global energy trade and India's long-term energy security strategy?