India Macro-Finance TrackerData as of 2 Nov 2026

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Diffusion (core): 2% to 4% Original

Share of the CPI excluding food and fuel with inflation 2% to 4%. Monthly, per cent. Latest: 47.20 (Sep 2026).

Level

per cent

Source: MoSPI; site calculation.Download CSV (cpi_diffusion_core_2to4)

About this series

Series idcpi_diffusion_core_2to4
SourceMoSPI; site calculation: CPI (base 2024) items with recovered weights
CoverageJan 2026 to Sep 2026 (9 observations)
Releasewith the national CPI release
Updated byDaily automated pipeline · pipelines/sources/derived/cpi_underlying.py
LicenceOpen government data (NDSAP / GODL-India): free to reuse with attribution
NotesWeighted share (%) of the CPI excluding food and fuel whose items' y/y inflation is 2% to 4% (RBI MPR Box IV.1 diffusion index). From January 2026. Matches RBI's published values to rounding; method in docs/guidebook/08-original-measures.md.
Checked against the official releaseNot yet. Values come straight from the publisher, but no one has yet compared them with the press release.

Download and cite

Download CSV Columns: period, value, vintage (date we first recorded the value), note.

Cite: India Macro-Finance Tracker (2026). Share of the CPI excluding food and fuel with inflation 2% to 4% [cpi_diffusion_core_2to4]. Retrieved 2 Nov 2026. Original source: MoSPI; site calculation.

Latest observations

PeriodValueNote
Sep 202647.20site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Aug 202653.00site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Jul 202648.61site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Jun 202649.35site calculation (Original); item weights in registry/weights/cpi2024_items.csv
May 202649.09site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Apr 202647.75site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Mar 202654.49site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Feb 202662.46site calculation (Original); item weights in registry/weights/cpi2024_items.csv
Jan 202642.57site calculation (Original); item weights in registry/weights/cpi2024_items.csv

Revisions

No revisions recorded since this series was added. When the publisher revises a past value, the old and new values appear here.