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INR live macro board

India Macro Data Board

Indian rupee — managed-float currency of the world's most populous country.

The Indian rupee (INR) is the official currency of India, the world's most populous country and one of its fastest-growing major economies. The INR operates under a managed-float regime with active Reserve Bank of India intervention to smooth volatility.

India latest macro readings

A scan-ready view of the main INR indicators, linking each series to its country page, latest announcement, and API endpoint.

Indicator Latest Previous Change Updated Source Links
Central Bank Policy Rate
Monetary Policy
5.25 5.25 0 2026-06-05 RBI Page /Release /API
Inflation Rate (CPI/HICP)
Economy
5.22 5.22 0 2025-01-13 MoSPI Page /Release /API
Producer Price Index (PPI)
Economy
8.3 3.9 +4.4 2026-05-14 Office of Economic Adviser, Ministry of Commerce (via RBI WSS Table 9T) Page /Release /API
Gross Domestic Product (GDP) Growth
Economy
6.2 6.2 0 2025-02-28 MoSPI Page /Release /API
Unemployment Rate
Labor Market
3.2 3.2 0 2024-07-15 MoSPI Page /Release /API
10-Year Government Bond Yield
Government Bond Yields
7.02 6.99 +0.03 2026-04-24 RBI WSS Section 4 Table 5T (Ratios and Rates) Page /Release /API

INR currency market profile

Core identifiers, trading context, and product links for the INR market.

Currency code
INR

Indian Rupee

Policy institution
Reserve Bank of India

Primary central-bank or monetary authority reference.

Primary USD pair
USD/INR

Fast path into the FX pair dashboard and market profile.

Trading session
Tokyo

Approximate primary liquidity window used across FXMacroData pages.

Symbol
₹

Display symbol used in product surfaces.

Also known as
rupee

Common market shorthand where available.

India macro brief

The highest-signal pages for India include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.

The Reserve Bank of India (RBI) Monetary Policy Committee sets the repo rate at six bi-monthly meetings per year, targeting 4% CPI inflation with a ±2 percentage-point tolerance band. Decisions are accompanied by a half-yearly Monetary Policy Report.

For INR research, combine the country-level release map with the USD/INR dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.

What to watch
  • RBI bi-monthly policy decision and MPC minutes.
  • India CPI and WPI inflation prints.
  • Monthly FX reserves data.
  • Crude oil (Indian basket) prices.
  • Foreign portfolio flow (FPI) data from depositories.

India source map

Publisher groups represented in the checked-in coverage catalogue for this market.

MoSPI 5 series
ABS 4 series
RBA 4 series
Central Bank 3 series
Reserve Bank of India 2 series
IMF International Financial Statistics 2 series
RBI - Money Supply Fortnightly Press Release 2 series
Office of Economic Adviser, Ministry of Commerce (via RBI WSS Table 9T) 1 series

India coverage by category

The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.

Economy 10 / 10
Labor Market 5 / 5
Money & Credit 3 / 3
Monetary Policy 2 / 2
Government Bond Yields 5 / 5
Additional Indicators 3 / 3

Key India indicators

Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page ~6x/year % Starts pending Monetary Policy

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly %YoY Starts pending Economy

Core Inflation

CPI excluding volatile items like food and energy.

Published page Quarterly %YoY Starts pending Economy

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly %YoY Starts pending Economy

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly %YoY Starts pending Economy

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Yearly % Starts pending Labor Market

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly USD mn Starts pending Economy

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly %MoM Starts pending Economy

Published India indicator pages

Filter by indicator name, source, cadence, or category.

Economy 10 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Quarterly Index (0-100 normalized) Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Bi-monthly Index (0-100 normalized) Starts pending

Core Inflation

CPI excluding volatile items like food and energy.

Quarterly %YoY Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly USD mn Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly %YoY Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %MoM Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD mn Starts pending

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Starts pending
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Yearly % Starts pending
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Fortnightly INR bn Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly ARS mn Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Fortnightly INR bn Starts pending
Monetary Policy 2 pages

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~6x/year % Starts pending
Government Bond Yields 5 pages
Additional Indicators 3 pages

Tracked India data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 10 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Quarterly Reserve Bank of India Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Published page Bi-monthly Reserve Bank of India Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Published page Quarterly IMF International Financial Statistics Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly MoSPI Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly MoSPI Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly Office of Economic Adviser, Ministry of Commerce (via RBI WSS Table 9T) Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly ABS Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly IMF International Financial Statistics Starts pending

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Published page Monthly Bank for International Settlements Starts pending
Labor Market 5 tracked

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Published page Yearly MoSPI Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Published page Fortnightly RBI - Money Supply Fortnightly Press Release Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Published page Monthly Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Published page Fortnightly RBI - Money Supply Fortnightly Press Release Starts pending
Monetary Policy 2 tracked

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page ~6x/year RBI Starts pending

Risk Free Rate

Overnight lending rate between banks.

Published page ~6x/year Derived from RBI policy_rate Starts pending
Government Bond Yields 5 tracked

10-Year Government Bond Yield

Published page Weekly RBI WSS Section 4 Table 5T (Ratios and Rates) Starts pending
Additional Indicators 3 tracked

INR market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

RBI repo rate and Monetary Policy Committee guidance.

Driver 2

India CPI inflation (notably food prices).

Driver 3

RBI FX-reserve changes and intervention activity.

Driver 4

Crude oil prices — India is one of the largest oil importers.

Driver 5

Foreign portfolio investment flows into Indian equities and bonds.

Driver 6

US Treasury yields and broad EM currency moves.

INR questions traders ask

Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.

How does the Reserve Bank of India manage the rupee?

The RBI operates a managed-float regime: it allows market-driven moves but intervenes in spot and forward markets to smooth excessive volatility, and adjusts FX reserves to manage liquidity conditions.

What is India's inflation target?

India's inflation target is 4% CPI with a tolerance band of ±2 percentage points (i.e., 2–6%). The target is reviewed every five years by the central government in consultation with the RBI.

Why is INR sensitive to oil prices?

India imports more than 80% of its crude oil. Higher oil prices widen the current-account deficit, raise imported inflation, and generally pressure the rupee, all else equal.