India Economic Indicators — Latest Official Figures
India’s latest inflation, industrial output, interest rate, exchange rate and forex reserve figures. Each is quoted as its official publisher released it, with the period it refers to.
Checked against the sources on 9 Nov 2026 · refreshed every night
Key figures
Retail inflation (CPI, Combined, year on year) was 5.54% in September 2026, against 4.82% in August 2026 (MOSPI).
Wholesale inflation (WPI, year on year) was 11.39% in September 2026, against 9.92% in August 2026 (DPIIT).
Industrial production growth (IIP, General, year on year) was 6.7% in September 2026, against 8% in August 2026 (MOSPI).
The RBI policy repo rate stands at 5.50%.
At the meeting ending 7 Oct 2026, the RBI Monetary Policy Committee raised the repo rate by 25 bps, by a 6–0 vote.
The FBIL reference rate was ₹93.8579 per US dollar on 9 Nov 2026.
India’s foreign exchange reserves were US$717.1 bn in the week ended 30 Oct 2026 (RBI).
Inflation and industrial output
Indicator
Latest
Previous
Change
Month
Source
Consumer prices (CPI)
5.54%
4.82%
+0.72 pp
September 2026
MOSPI
CPI inflation (Rural)
6.08%
5.23%
+0.85 pp
September 2026
MOSPI
CPI inflation (Urban)
4.88%
4.31%
+0.57 pp
September 2026
MOSPI
Wholesale prices (WPI)
11.39%
9.92%
+1.47 pp
September 2026
DPIIT
Industrial production (IIP)
6.7%
8%
−1.30 pp
September 2026
MOSPI
Rates are year-on-year changes. Change is the move from the previous month, in percentage points.
Policy rates
Measure
Rate
Policy Repo Rate
5.50%
Standing Deposit Facility Rate
5.25%
Marginal Standing Facility Rate
5.75%
Bank Rate
5.75%
Fixed Reverse Repo Rate
3.35%
Reserve ratios
Measure
Rate
CRR
3.00%
SLR
18.00%
What banks charge and pay
Measure
Rate
Base Rate
8.40% - 10.00%
MCLR (Overnight)
7.85% - 8.00%
Savings Deposit Rate
2.50%
Term Deposit Rate > 1 Year
6.00% - 6.75%
Money market
Measure
Rate
As on
Call Rates
4.30% - 5.75%
5 Nov 2026
Treasury bills
Measure
Rate
As on
91 day T-bills
5.8970%
8 Nov 2026
182 day T-bills
6.5493%
2 Nov 2026
364 day T-bills
6.6485%
8 Nov 2026
Government security yields
Measure
Rate
As on
6.20% GS 2029
6.8812%
8 Nov 2026
6.53% GS 2031
6.9753%
8 Nov 2026
6.94% GS 2036
7.1930%
8 Nov 2026
7.06% GS 2041
7.3759%
8 Nov 2026
7.24% GS 2055
7.6807%
30 Sept 2026
7.63% GS 2056
7.6764%
8 Nov 2026
Reference exchange rates
Measure
Rate
As on
INR / 1 USD
93.8579
9 Nov 2026
INR / 1 GBP
125.6125
9 Nov 2026
INR / 1 EUR
104.7683
9 Nov 2026
INR / 100 JPY
59.3100
9 Nov 2026
INR / 1 AED
25.5540
9 Nov 2026
INR / 10000 IDR
51.8260
9 Nov 2026
Foreign exchange reserves
Measure
US$ bn
Total reserves, week ended 30 Oct 2026
717.06
Change over the week
−2.69
Change over four weeks
−17.55
Money and bank credit
RBI · September 2026
Money and deposits
Measure
Latest
Previous
Month
Broad money (M3)
337.66 ₹ lakh cr
332.22 ₹ lakh cr
September 2026
Bank deposits
294.32 ₹ lakh cr
289.05 ₹ lakh cr
September 2026
Currency with the public
42.07 ₹ lakh cr
41.94 ₹ lakh cr
September 2026
Credit
Measure
Latest
Previous
Month
Bank credit to the commercial sector
238.5 ₹ lakh cr
232.41 ₹ lakh cr
September 2026
Non-food bank credit
228.98 ₹ lakh cr
222.76 ₹ lakh cr
September 2026
Credit-deposit ratio
81%
80.4%
September 2026
Average lending and deposit rates
RBI · September 2026
New loans and deposits
Measure
Latest
Previous
Month
Lending rate
8.51%
8.61%
September 2026
Term deposit rate
5.61%
5.67%
September 2026
Spread
2.9 pp
2.94 pp
September 2026
Whole book
Measure
Latest
Previous
Month
Lending rate
8.96%
8.96%
September 2026
Term deposit rate
6.55%
6.56%
September 2026
Spread
2.41 pp
2.4 pp
September 2026
Core sector output
Office of the Economic Adviser · September 2026
Output, year on year
Measure
Latest
Previous
Month
Coal
10.7%
-3.8%
September 2026
Crude oil
-1.4%
-3.6%
September 2026
Natural gas
-4.6%
-4.9%
September 2026
Refinery products
10.3%
5.6%
September 2026
Fertilisers
-11.7%
-12.4%
September 2026
Steel
4.9%
3.5%
September 2026
Cement
9.8%
11.7%
September 2026
Electricity
11.4%
13.1%
September 2026
Iron ore
18.4%
5.5%
September 2026
Fuel demand
PPAC · October 2026
Consumption, year on year
Measure
Latest
Previous
Month
All petroleum products
2.7%
0.4%
October 2026
Diesel
12%
5.6%
October 2026
Petrol
3.5%
7.9%
October 2026
Jet fuel
0.4%
1%
October 2026
Bitumen
16.6%
16.4%
October 2026
Vehicle registrations
VAHAN · October 2026
Registrations, year on year
Measure
Latest
Previous
Month
All vehicles
-23.6%
33.6%
October 2026
Two-wheelers
-28.2%
34%
October 2026
Passenger vehicles
-13.5%
37%
October 2026
Three-wheelers
4%
24.5%
October 2026
Commercial vehicles
1.7%
40.8%
October 2026
Tractors
4.7%
16.4%
October 2026
Electric share of registrations
Measure
Latest
Previous
Month
Two-wheelers
9.7%
11.6%
October 2026
Four-wheelers
7.3%
8.7%
October 2026
Three-wheelers, incl. e-rickshaws
62.6%
64.1%
October 2026
Services exports
RBI · September 2026
Exports, year on year
Measure
Latest
Previous
Month
All services
7.2%
13.7%
September 2026
Methodology and sources
CPI: MOSPI’s consumer price index API, base 2024. The headline is the Combined (rural and urban) all-India figure. Rural and Urban are shown separately.
WPI: DPIIT’s monthly wholesale price index workbook, base 2022-23. DPIIT publishes the index. The year-on-year rate is computed here as this month’s index over the same month a year earlier, and is never chained across a base change.
IIP: MOSPI’s index of industrial production API, base 2022-23. The growth rate is taken as MOSPI published it.
Interest rates, yields and exchange rates: the published rates block on rbi.org.in. Exchange rates are the FBIL reference rates. Policy rates and reserve ratios carry no date, because they stay in force until the Monetary Policy Committee changes them.
Forex reserves: RBI’s weekly statistics, dated to the Friday the reading refers to.
Monthly indicators: RBI (money, credit, lending and deposit rates, services exports), the Office of the Economic Adviser (core sector), PPAC (fuel consumption) and VAHAN (vehicle registrations).
FinBizNet checks every figure against its source each night and does not adjust it. When a source revises a figure, the revision replaces it on the next check.
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Frequently asked questions
What is India’s current CPI inflation rate?
India’s CPI inflation (Combined) was 5.54% year on year in September 2026, as published by MOSPI.
What is India’s current WPI inflation rate?
WPI inflation was 11.39% year on year in September 2026, computed from the index DPIIT publishes.
What is the RBI repo rate today?
The RBI policy repo rate is 5.50%, as shown on the Reserve Bank of India’s website.
How much foreign exchange reserves does India have?
India’s foreign exchange reserves were US$717.1 billion in the week ended 30 Oct 2026, according to RBI.
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