India Macro Insights

The policy and price indicators that move Indian markets — RBI's repo rate, retail and wholesale inflation, quarterly growth, and the reserve buffer. Every figure comes from the official publisher, with the full history behind it.

CPI Inflation

5.54%

+0.71 pp vs previous

Sep 2026

MoSPI

WPI Inflation

9.92%

+0.14 pp vs previous

Aug 2026

MoSPI

GDP Growth (YoY)

7.82%

-0.74 pp vs previous

FY2026-27 Q1

NSO / MoSPI

RBI Repo Rate

5.25%

-0.25 pp vs previous

Week ended 02 Oct 2026

RBI (Weekly Statistical Supplement)

Forex Reserves

US$734.6 bn

-12.95 bn vs previous week

Week ended 02 Oct 2026

RBI (Weekly Statistical Supplement)

History

CPI inflation (YoY %)

Retail inflation — the measure the RBI targets.

-0.651.844.326.809.28Jan 14Mar 16May 18Jul 20Sep 22Nov 24Sep 26

Latest Sep 26: 5.54%

WPI inflation (YoY %)

Wholesale inflation — more sensitive to commodity and fuel prices.

-7.96-1.365.2411.8518.45Apr 13Jul 15Oct 17Jan 20Apr 22Jul 24Aug 26

Latest Aug 26: 9.92%

CPI: MoSPI publishes a ready inflation figure only on its current series. For 12 earlier months on the spliced back series, the year-on-year change is derived from the published index.

WPI: MoSPI publishes no ready inflation figure for the wholesale index, so every month on this chart is a year-on-year change derived from the published index. MoSPI re-based the index in 2023; each month's change is computed within a single base, so the line is continuous while the underlying index levels are not directly comparable across the re-base.

Data coverage

SeriesFromLatestObservationsAge
CPI (MoSPI)2013-01-012026-09-0116542d
WPI (MoSPI)2013-04-012026-08-0116173d
GDP (NSO)2022-06-302026-06-3017105d
Repo rate (RBI)2011-12-302026-10-0278411d
Forex reserves (RBI)2012-12-282026-10-0271911d

Each publisher works to its own calendar: CPI and WPI arrive around the 12th monthly, GDP quarterly, and RBI's Weekly Statistical Supplement every Friday. Age is measured from the period the figure describes, not the day it was collected.

Frequently asked questions

What is the current RBI repo rate?
The repo rate is the rate at which the Reserve Bank of India lends to commercial banks against government securities, and it is the RBI's primary policy tool for controlling inflation and liquidity. Tapetide tracks the weekly level published in RBI's Weekly Statistical Supplement and derives the change events — the first week at each new level — so you can see the full rate cycle rather than just today's number.
What is the difference between CPI and WPI inflation?
CPI (Consumer Price Index) measures the change in prices paid by households for a basket of retail goods and services, and it is the inflation measure the RBI targets under its flexible inflation-targeting framework. WPI (Wholesale Price Index) measures prices at the wholesale or producer level, before goods reach the retail consumer. WPI is more sensitive to commodity and fuel prices, so it is typically more volatile than CPI and the two can diverge sharply.
How is quarterly GDP growth calculated?
GDP growth here is the year-on-year change in real (constant-price) GDP for a given quarter versus the same quarter a year earlier. Constant prices strip out inflation, so the result reflects genuine output growth rather than price changes. The National Statistical Office does not publish a growth-rate series directly, so the figure is derived from the published constant-price levels.
What are Indias forex reserves made up of?
Indias foreign exchange reserves have four components: foreign currency assets (by far the largest, held in currencies like the US dollar, euro and yen), gold, Special Drawing Rights (SDRs) allocated by the IMF, and Indias reserve position in the IMF. RBI publishes the composition weekly in both US dollars and rupees; the rupee figure embeds the reference rate used that week.
How often is this macro data updated?
CPI and WPI are published by MoSPI around the 12th of each month, quarterly GDP by the NSO at the end of February, May, August and November, and RBI's Weekly Statistical Supplement every Friday. Tapetide re-checks all sources daily and shows the exact latest period and its age for every series, so you can see at a glance whether a number is current.
Where does this data come from?
CPI, WPI and quarterly GDP are published by the Ministry of Statistics and Programme Implementation (MoSPI) and the National Statistical Office. The policy repo rate and foreign exchange reserves are published by the Reserve Bank of India. Every figure is reproduced as published — none of it is estimated or modelled.

This page is for information only and is not investment advice.