India’s Clothing and Footwear Inflation Nears 3% in January as Revised CPI Data Shows Modest Price Rise

India’s New CPI Basket Signals A Deeper Economic Transition And A Shift From Basic Consumption To Aspirational Spending

January’s Consumer Price Index CPI print came in at 2.75%, bringing inflation comfortably within the Reserve Bank of India’s target band. On the surface, it was simply another data release. More technically, it marked the rollout of a revised CPI series with a new base year of 2024, replacing the long-standing 2011–12 benchmark. But beneath …

India’s Clothing and Footwear Inflation Nears 3% in January as Revised CPI Data Shows Modest Price Rise

India’s inflation for clothing and footwear reached 2.98% in January 2026, according to provisional data released under the country’s revised Consumer Price Index (CPI) series, highlighting modest price pressures in the retail apparel and footwear categories. The figures, published as part of the first inflation release using the updated CPI with base year 2024, show […] The post India’s Clothing and Footwear Inflation Nears 3% in January as Rev…