44 datasets found
  1. Inflation rate in India 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
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    Statista (2025). Inflation rate in India 2030 [Dataset]. https://www.statista.com/statistics/271322/inflation-rate-in-india/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

  2. M

    India Inflation Rate (1960-2024)

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). India Inflation Rate (1960-2024) [Dataset]. https://www.macrotrends.net/global-metrics/countries/ind/india/inflation-rate-cpi
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    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    india
    Description
    India inflation rate for 2024 was 4.95%, a 0.7% decline from 2023.
    <ul style='margin-top:20px;'>
    
    <li>India inflation rate for 2023 was <strong>5.65%</strong>, a <strong>1.05% decline</strong> from 2022.</li>
    <li>India inflation rate for 2022 was <strong>6.70%</strong>, a <strong>1.57% increase</strong> from 2021.</li>
    <li>India inflation rate for 2021 was <strong>5.13%</strong>, a <strong>1.49% decline</strong> from 2020.</li>
    </ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
    
  3. T

    India Food Inflation

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, India Food Inflation [Dataset]. https://tradingeconomics.com/india/food-inflation
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    excel, xml, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2012 - May 31, 2025
    Area covered
    India
    Description

    Cost of food in India increased 0.99 percent in May of 2025 over the same month in the previous year. This dataset provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  4. Monthly CPI inflation rate in India 2025

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Monthly CPI inflation rate in India 2025 [Dataset]. https://www.statista.com/statistics/1361583/india-change-in-cpi-inflation-rate/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2022 - Jan 2025
    Area covered
    India
    Description

    As of January 2025, consumer price index (CPI) inflation in India eased to **** percent from **** percent in the previous month. January marks the third straight month that the inflation stayed below the *** percent upper tolerance band of reserve Bank of India. CPI is the main measure of inflation in India.

  5. Cost inflation index in India FY 2002-2024

    • statista.com
    Updated Mar 15, 2024
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    Statista (2024). Cost inflation index in India FY 2002-2024 [Dataset]. https://www.statista.com/statistics/1360962/india-cost-inflation-index/
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    Dataset updated
    Mar 15, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    During the financial year 2023, the cost inflation index (CII) in India stood at 348. This was an increase from the previous year's figure of 331. The CII is used to compute an asset's inflation-adjusted cost price. It is used to assess the inflation value of assets like land, houses, jewelry etc.

  6. Calculation steps for estimating the cost of a single mass drug...

    • plos.figshare.com
    xls
    Updated Jun 2, 2023
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    Wilma A. Stolk; Quirine A. ten Bosch; Sake J. de Vlas; Peter U. Fischer; Gary J. Weil; Ann S. Goldman (2023). Calculation steps for estimating the cost of a single mass drug administration (MDA) round. [Dataset]. http://doi.org/10.1371/journal.pntd.0001984.t002
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    xlsAvailable download formats
    Dataset updated
    Jun 2, 2023
    Dataset provided by
    PLOShttp://plos.org/
    Authors
    Wilma A. Stolk; Quirine A. ten Bosch; Sake J. de Vlas; Peter U. Fischer; Gary J. Weil; Ann S. Goldman
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The table displays the source data and describes all steps that were taken to estimate the cost of a single MDA round per 100,000 eligibles.n.a. = not applicable.aThe term base year refers to the year in which cost were originally measured (1996 for India, 2002 for West Africa).bCalculated from 1), 3) and 4), assuming that drugs (50 mg DEC tablets) were purchased for all eligible persons.cFor India: cost of DEC (50-mg tablets; 5.2 tablets p.p. on average; 0.026 US$ p.p. on average) were subtracted.dCorrection for inflation, using the annual deflators as published by the World Bank [24], i.e. the rate of price change in the economy as a whole. The amount under 6) was first converted back to local currency using the base year conversion rate. Then we applied the correction for inflation between the base year and 2009. The new amount was reconverted into US dollars using the 2009 conversion rate. Average annual inflation in India was about 5% between 1996 and 2009. The average annual inflation between 2002 and 2009 in Burkina Faso was 9%.eWe assume that sensitization efforts in India are intensified to achieve higher coverage, as studied elsewhere [25], [26]. Associated extra costs (for personnel and supplies) would be 0.009 US $ per person in 2002, or 0.015 US$ per eligible if adjusted to 2009 values.fVolunteer remuneration has changed. In 2002, volunteers were paid for 2 days of training only, not distribution. By 2010 Burkina volunteers were remunerated for about 2.5 days training and 7 days distribution; the daily rate remained the same. [sources: [11] and personal communications from program directors in Burkina Faso in 2011].gIn India, DEC has to be purchased by the government, at 0.00924 US% p.p. on average (for 100 mg tablets, 2.75 tablets p.p. on average).hDonated drug: albendazole (0.022 US$ p.p.).iDonated drugs: albendazole (0.022 US$ p.p.) and ivermectin (4.2 US$ p.p. on average).

  7. d

    Year and State wise State-wise Average Inflation (CPI) - General, Food and...

    • dataful.in
    Updated Jul 1, 2025
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    Dataful (Factly) (2025). Year and State wise State-wise Average Inflation (CPI) - General, Food and Beverages, Fuel and Light and Housing (Urban) [Dataset]. https://dataful.in/datasets/21426
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    xlsx, application/x-parquet, csvAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

    https://dataful.in/terms-and-conditionshttps://dataful.in/terms-and-conditions

    Area covered
    India
    Description

    The dataset contains Year and State wise State-wise Average Inflation (CPI) - General, Food and Beverages, Fuel and Light and Housing (Urban)

    Note: General: 1. Data for Arunachal Pradesh is not available. 2. For calculating State-wise Consumer Price Index (CPI) inflation in 2020-21 the average CPI Index for ten months has been taken due to unavailability of CPI data for the months of April and May 2020. 3. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir)

    Food and Beverages: 1. Data for Arunachal Pradesh is not available. 2. For 2019-20, annual inflation for all states is calculated using data from April-2019 to February-2020, and for All-India, it is calculated using April-2019 to March-2020 data. 3. For calculating State-wise CPI inflation in 2020-21 the average CPI for eight months has been taken due to unavailability of CPI data for the period April-July 2020. 4. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh(erstwhile State of Jammu & Kashmir)

    Fuel and Light: 1. Data for Arunachal Pradesh is not available. 2. For 2019-20, annual inflation for all states is calculated using data from April-2019 to February-2020, and for All-India, it is calculated using April-2019 to March-2020 data. 3. For calculating State-wise CPI inflation in 2020-21 the average CPI for eight months has been taken due to unavailability of CPI data for the period April-July 2020. 4. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir)

    Housing (Urban): 1. Data for Arunachal Pradesh is not available. 2. For 2019-20, annual inflation for all states is calculated using data from April-2019 to February-2020, and for All-India, it is calculated using April-2019 to March-2020 data. 3. For calculating State-wise CPI inflation in 2020-21 the average CPI for eight months has been taken due to unavailability of CPI data for the period April-July 2020. 4. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir)

  8. India Core CPI Change

    • ceicdata.com
    Updated Feb 1, 2025
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    CEICdata.com (2025). India Core CPI Change [Dataset]. https://www.ceicdata.com/en/indicator/india/core-cpi-change
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    Dataset updated
    Feb 1, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    India
    Description

    Key information about India Core CPI Change

    • India Core CPI Change was reported at 3.954 % in Feb 2025.
    • This records an increase from the previous number of 3.673 % for Jan 2025.
    • India Core CPI Change data is updated monthly, averaging 5.217 % from Jan 2012 to Feb 2025, with 158 observations.
    • The data reached an all-time high of 10.350 % in Jan 2012 and a record low of 3.117 % in May 2024.
    • India Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
    • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

    CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. Central Statistics Office provides Core Consumer Price Index with base 2012=100.

  9. India IN: Consumer Price Index: YoY

    • ceicdata.com
    Updated Dec 15, 2020
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    CEICdata.com, India IN: Consumer Price Index: YoY [Dataset]. https://www.ceicdata.com/en/india/consumer-and-wholesale-price-index-forecast-non-oecd-member-annual/in-consumer-price-index-yoy
    Explore at:
    Dataset updated
    Dec 15, 2020
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2015 - Dec 1, 2026
    Area covered
    India
    Variables measured
    Price
    Description

    India IN: Consumer Price Index (CPI): YoY data was reported at 4.035 % in 2026. This records a decrease from the previous number of 4.196 % for 2025. India IN: Consumer Price Index (CPI): YoY data is updated yearly, averaging 5.932 % from Dec 1990 (Median) to 2026, with 37 observations. The data reached an all-time high of 13.399 % in 1991 and a record low of 3.383 % in 1999. India IN: Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Consumer and Wholesale Price Index: Forecast: Non OECD Member: Annual. CPI_YTYPCT- Headline inflation The CPI year-on-year changes is a measure of inflation

  10. T

    Pakistan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 1, 2025
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    TRADING ECONOMICS (2022). Pakistan Inflation Rate [Dataset]. https://tradingeconomics.com/pakistan/inflation-cpi
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    xml, excel, csv, jsonAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1957 - Jun 30, 2025
    Area covered
    Pakistan
    Description

    Inflation Rate in Pakistan decreased to 3.20 percent in June from 3.50 percent in May of 2025. This dataset provides the latest reported value for - Pakistan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  11. Retail price index of tables in India 2021-2023

    • statista.com
    Updated Jan 30, 2025
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    Statista (2025). Retail price index of tables in India 2021-2023 [Dataset]. https://www.statista.com/statistics/879751/india-retail-price-index-of-table/
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    Dataset updated
    Jan 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Dec 2023
    Area covered
    India
    Description

    As of December 2023, the retail price index of tables in India was approximately 150.7 This meant, the RPI of tables had increased by 50 percent compared to the base year of 2016.

    Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

  12. India Producer Price Index Growth

    • ceicdata.com
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    CEICdata.com (2025). India Producer Price Index Growth [Dataset]. https://www.ceicdata.com/en/indicator/india/producer-price-index-growth
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    India
    Description

    Key information about India Producer Price Index Growth

    • India Producer Price Index (PPI) grew 2.4 % YoY in Dec 2024, compared with a growth of 1.9 % YoY in the previous month.
    • India Producer Price Index data is updated monthly, available from Apr 1995 to Dec 2024, with an average change of 4.8 % YoY.
    • The data reached an all-time high of 16.6 % YoY in May 2022 and a record low of -6.1 % YoY in Aug 2015.

    CEIC calculates Producer Price Index Growth from monthly Wholesale Price Index. The Ministry of Commerce and Industry provides Wholesale Price Index with base 2011-2012=100. Producer Price Index Growth prior to April 2013 is calculated from Wholesale Price Index with base 2004-2005=100 and prior to April 2005 from Wholesale Price Index with base 1993-1994=100.

  13. M

    Pakistan Inflation Rate (1960-2024)

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). Pakistan Inflation Rate (1960-2024) [Dataset]. https://www.macrotrends.net/global-metrics/countries/PAK/pakistan/inflation-rate-cpi
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Pakistan
    Description
    Pakistan inflation rate for 2024 was 12.63%, a 18.14% decline from 2023.
    <ul style='margin-top:20px;'>
    
    <li>Pakistan inflation rate for 2023 was <strong>30.77%</strong>, a <strong>10.89% increase</strong> from 2022.</li>
    <li>Pakistan inflation rate for 2022 was <strong>19.87%</strong>, a <strong>10.38% increase</strong> from 2021.</li>
    <li>Pakistan inflation rate for 2021 was <strong>9.50%</strong>, a <strong>0.24% decline</strong> from 2020.</li>
    </ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
    
  14. Retail price index of coffee powder in India 2023

    • statista.com
    Updated Feb 23, 2024
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    Statista (2024). Retail price index of coffee powder in India 2023 [Dataset]. https://www.statista.com/statistics/1370062/india-retail-price-index-of-coffee-powder/
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    Dataset updated
    Feb 23, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2023 - Dec 2023
    Area covered
    India
    Description

    As of December 2023, the retail price index of coffee powder in India was 140. The retail price index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

  15. Gross domestic product (GDP) growth rate in India 2030

    • statista.com
    Updated May 20, 2025
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    Statista (2025). Gross domestic product (GDP) growth rate in India 2030 [Dataset]. https://www.statista.com/statistics/263617/gross-domestic-product-gdp-growth-rate-in-india/
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    Dataset updated
    May 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

  16. India House Prices Growth

    • ceicdata.com
    • dr.ceicdata.com
    Updated Apr 19, 2019
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    CEICdata.com (2019). India House Prices Growth [Dataset]. https://www.ceicdata.com/en/indicator/india/house-prices-growth
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    Dataset updated
    Apr 19, 2019
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2021 - Sep 1, 2024
    Area covered
    India
    Description

    Key information about House Prices Growth

    • India house prices grew 2.6% YoY in Sep 2024, following an increase of 6.2% YoY in the previous quarter.
    • YoY growth data is updated quarterly, available from Mar 2011 to Sep 2024, with an average growth rate of 5.1%.
    • House price data reached an all-time high of 30.6% in Mar 2011 and a record low of -11.4% in Sep 2020.

    CEIC calculates House Prices Growth from quarterly House Price Index. National Housing Bank provides House Price Index with base 2017-2018=100. House Prices Growth covers Mumbai only. House Prices Growth prior to Q2 2014 is calculated from House Price Index with base 2007=100.

  17. T

    United Arab Emirates - Dubai Inflation Rate

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 15, 2025
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    TRADING ECONOMICS (2025). United Arab Emirates - Dubai Inflation Rate [Dataset]. https://tradingeconomics.com/united-arab-emirates/inflation-cpi
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    xml, excel, csv, jsonAvailable download formats
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - May 31, 2025
    Area covered
    United Arab Emirates
    Description

    Inflation Rate in the United Arab Emirates increased to 2.37 percent in May from 2.31 percent in April of 2025. This dataset provides the latest reported value for - United Arab Emirates Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  18. Retail price index of brooms in India 2021

    • statista.com
    Updated Feb 28, 2023
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    Statista (2023). Retail price index of brooms in India 2021 [Dataset]. https://www.statista.com/statistics/879773/india-retail-price-index-of-brooms/
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    Dataset updated
    Feb 28, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Dec 2021
    Area covered
    India
    Description

    As of December 2021, the retail price index of brooms in India was approximately 107. This meant, the RPI of chairs had increased by seven percent compared to the base year of 2016. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

  19. Retail price index of salt in India 2021-2024

    • statista.com
    Updated Mar 4, 2025
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    Statista (2025). Retail price index of salt in India 2021-2024 [Dataset]. https://www.statista.com/statistics/880843/india-retail-price-index-of-salt/
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    Dataset updated
    Mar 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Dec 2024
    Area covered
    India
    Description

    As of December 2024, the retail price index of salt in India was approximately 158. This was an increase as compared to previous year in December when the retail price index was over 154. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

  20. Retail price index of powdered milk in India 2021

    • statista.com
    Updated Feb 28, 2023
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    Statista (2023). Retail price index of powdered milk in India 2021 [Dataset]. https://www.statista.com/statistics/880826/india-retail-price-index-of-powdered-milk/
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    Dataset updated
    Feb 28, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Dec 2021
    Area covered
    India
    Description

    As of December 2021, the retail price index of powdered milk in India was approximately 109. This meant, the RPI of powdered milk had increased by nine percent compared to the base year of 2016. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

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Statista (2025). Inflation rate in India 2030 [Dataset]. https://www.statista.com/statistics/271322/inflation-rate-in-india/
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Inflation rate in India 2030

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24 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 21, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
India
Description

The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

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