# Consumer Price Index (CPI) inflation is pegged at a 13-month high of 3.5% year-on-year for March.

*business · news · 2026-04-06 · The Financial Express*

## Key points

- March CPI inflation is estimated at a 13-month high of 3.5% year-on-year.
- Fuel inflation is projected to rise by 11% year-on-year in March, mainly due to global oil prices.
- The weight of food and beverages in the CPI basket has dropped to 36.75% in the 2024 series.
- HDFC Bank forecasts CPI inflation to average close to 5% in FY27, assuming oil prices stabilize.

**Companies:** HDFC Bank, IDFC First Bank
**Countries:** India

[Read the full story on The Financial Express](https://www.financialexpress.com/business/news/march-retail-inflation-seen-at-3-5-fe-poll-economists-flag-upside-risks-as-energy-prices-firm-up/4197655/)

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