Home / Business and Economy / India's Inflation Ticks Up to 3.21% in Feb Amid Global Oil Jitters
India's Inflation Ticks Up to 3.21% in Feb Amid Global Oil Jitters
12 Mar
Summary
- India's retail inflation rose to 3.21% in February 2026.
- Food prices saw a year-on-year increase of 3.47% in February.
- Global oil supply concerns may be influencing inflation rates.
India's retail inflation reached 3.21% in February 2026, a notable increase from the previous month's revised figure of 2.75%. This latest inflation data comes at a time when geopolitical tensions, particularly those involving Iran, Israel, and the United States, have cast a shadow over global oil supplies.
The year-on-year inflation rate, based on the All India Consumer Price Index (CPI) with 2024 as the base year, was provisionally recorded at 3.21% for February 2026. This included a 3.37% inflation rate in rural areas and 3.02% in urban areas.
Furthermore, the All India Consumer Food Price Index (CFPI) registered a year-on-year inflation rate of 3.47% in February 2026. Rural areas recorded 3.46% inflation, while urban areas saw a slightly higher 3.48%.
Housing inflation also contributed, with a year-on-year rate of 2.12% for February 2026. Rural housing inflation was 2.43%, and urban housing inflation stood at 2.00%.
