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Inflation Rate in India decreased to 2.10 percent in June from 2.82 percent in May of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The food inflation in India fell to around *** percent year-on-year in January 2025. In 2024, the food inflation peaked in October at about ** percent. Impact of inflation Inflation is a key economic indicator of an economy, influencing purchasing power, investments, and economic growth. The rise in food prices, which comprise about **** of the consumer price index (CPI) basket, affects large sections of the Indian population. Supply chain disruptions, increased cost of production, global market dependency, weather conditions, and government policies on minimum support prices are some reasons leading to food inflation. TOP drivers of food inflation Price-sensitive vegetables viz. tomato, onion, and potato (TOP) were the leading drivers of food inflation as per the Economic Survey for the financial year 2025. Experts argue that price pressures are not mainly due to a shortfall in production but post-harvest losses, seasonal production, and regional dispersion in production.
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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<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.
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Cost of food in India decreased 1.06 percent in June 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.
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.
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The Consumer Price Index in India increased 0.62 percent in June of 2025 over the previous month. This dataset provides - India Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.
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Inflation Expectations in India decreased to 9.50 percent in May from 9.70 percent in March of 2025. This dataset provides - India Households Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about India Core CPI Change
The combined consumer price index across India was 192.9 as of July 2024. Rural India registered a higher CPI as compared to urban India. The rural CPI has consistently stayed above than urban CPI during the recorded period. CPI measures the overall change in prices of goods and services for consumers.
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Consumer Price Index CPI in India increased to 194.20 points in June from 193 points in May of 2025. This dataset provides - India Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Producer Prices in India increased 0.39 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - India Wholesale Price Index Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Since 2000, China has generally had the most stable inflation rate of the BRICS bloc, with annual change fluctuating between negative one and six percent. In contrast, Russia's inflation rates reached the highest levels in the past two decades, particularly in the early 2000s, during the financial crisis of 2008, and after 2014 when its economy was affected by the drop in international oil prices and the sanctions imposed for the annexation of Crimea.
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.
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Inflation Rate in Japan decreased to 3.50 percent in May from 3.60 percent in April of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Inflation Rate in Bangladesh decreased to 8.48 percent in June from 9.05 percent in May of 2025. This dataset provides the latest reported value for - Bangladesh Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Producer Prices in India decreased to 153.80 points in June from 154.10 points in May of 2025. This dataset provides the latest reported value for - India Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Consumer Price Index (CPI): Manipur: Food and Beverages data was reported at 230.800 2012=100 in Mar 2025. This records a decrease from the previous number of 234.500 2012=100 for Feb 2025. Consumer Price Index (CPI): Manipur: Food and Beverages data is updated monthly, averaging 150.350 2012=100 from Jan 2011 (Median) to Mar 2025, with 166 observations. The data reached an all-time high of 253.800 2012=100 in Nov 2024 and a record low of 96.200 2012=100 in May 2012. Consumer Price Index (CPI): Manipur: Food and Beverages data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Inflation – Table IN.IB065: Consumer Price Index: 2012=100: by State: Manipur.
As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.
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Inflation Rate in India decreased to 2.10 percent in June from 2.82 percent in May of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.