41 datasets found
  1. 3

    Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025...

    • 360analytika.com
    csv
    Updated Jun 4, 2025
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    360 Analytika (2025). Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025 [Dataset]. https://360analytika.com/consumer-price-index-cpi-inflation-rate-in-india/
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    csvAvailable download formats
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    360 Analytika
    License

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

    Area covered
    India
    Description

    The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket and averaging them. Prices are collected periodically, and the CPI is often used to measure inflation, reflecting the cost of living. The CPI is typically set against a base year. The index is set to 100 in the base year, and changes in the CPI indicate price changes compared to that year. A typical household might purchase a wide range of products and services. Items in the basket are weighted according to their importance or share in total household spending. The Inflation Rate is the percentage increase in the general level of prices for goods and services over a period of time. It indicates how much prices have risen over a specific period, typically a year. Higher inflation decreases the purchasing power of money, meaning consumers can buy less with the same amount of money.It reflects the overall health of an economy. Moderate inflation is expected in a growing economy, but hyperinflation can indicate economic instability. The Inflation Rate is calculated using the following formula: Inflation Rate (%) = ((CPI in Current Year−CPI in Previous Year)/ (CPI in Previous Year))×100

  2. Consumer Price Index - India Inflation Data

    • kaggle.com
    zip
    Updated Nov 9, 2021
    + more versions
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    Satyam Prasad Tiwari (2021). Consumer Price Index - India Inflation Data [Dataset]. https://www.kaggle.com/datasets/satyampd/consumer-price-index-india-inflation-data
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    zip(15047 bytes)Available download formats
    Dataset updated
    Nov 9, 2021
    Authors
    Satyam Prasad Tiwari
    Area covered
    India
    Description

    Context

    Consumer Price Indices (CPI) measure changes over time in general level of prices of goods and services that households acquire for the purpose of consumption. CPI numbers are widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the national accounts. CPI is also used for indexing dearness allowance to employees for increase in prices. CPI is therefore considered as one of the most important economic indicators. For construction of CPI numbers, two requisite components are weighting diagrams (consumption patterns) and price data collected at regular intervals.

    Content

    The data refers to group wise all India Consumer Price Index for Rural & Urban with base year 2010.

    Acknowledgements

    • The dataset is published by Central Statistical Office.
    • This data is sourced from India's Goverment's Open Data website: data.gov.in
    • Released Under: National Data Sharing and Accessibility Policy (NDSAP)

    Inspiration

    This can be used for various purposes including tasks such as exploring growth/inflation in India over the time.

  3. T

    India Consumer Price Index (CPI)

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 15, 2018
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    TRADING ECONOMICS (2018). India Consumer Price Index (CPI) [Dataset]. https://tradingeconomics.com/india/consumer-price-index-cpi
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    May 15, 2018
    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, 2011 - Oct 31, 2025
    Area covered
    India
    Description

    Consumer Price Index CPI in India increased to 197.30 points in October from 197 points in September of 2025. This dataset provides - India Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  4. Consumer Price Index (CPI) of health India 2024, by month

    • statista.com
    Updated Nov 24, 2025
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    Statista (2025). Consumer Price Index (CPI) of health India 2024, by month [Dataset]. https://www.statista.com/statistics/655014/consumer-price-index-of-health-india/
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    Dataset updated
    Nov 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    India
    Description

    In December 2024, the Consumer Price Index for health across India was *** which indicates that it had increased by approximately ** percent since the considered base year 2012. The index for the same category in rural India was *** that month, while CPI of health of urban India was *****. The Consumer Price Index measures the average change in prices over time that consumers pay for a basket of goods and services.

  5. d

    Inflation Rates: Year-, Month- and Item-wise All India Consumer Price Index...

    • dataful.in
    Updated Oct 10, 2025
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    Dataful (Factly) (2025). Inflation Rates: Year-, Month- and Item-wise All India Consumer Price Index (from base year 2012) [Dataset]. https://dataful.in/datasets/18570
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    xlsx, csv, application/x-parquetAvailable download formats
    Dataset updated
    Oct 10, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

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

    Area covered
    India
    Variables measured
    Inflation Rate
    Description

    High Frequency Indicator: The dataset contains year-, month- and item-wise compiled data from the year 2015 to till date on inflation rates of different singular and combined items. These include food items such as rice, chicken, suwai, bajra, meat, vegetables, and others things, clothing items such as dhoti, saree, shawl, shirts, pants, fuels such as petrol, diesel, kerosene, LPG, coal, amenities such as air coolers, air conditioners. washing machines, bathroom and sanitary items, furniture, washing machine, and other items such as medical, motor, transport, telecommunication, electronic and other items

  6. Monthly consumer Price Index (CPI) in India FY 2022-2025

    • statista.com
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    Statista, Monthly consumer Price Index (CPI) in India FY 2022-2025 [Dataset]. https://www.statista.com/statistics/654715/consumer-price-index-india/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The combined consumer price index across India was 196 as of July 2025. 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.

  7. Monthly Consumer Price Index of personal care India 2020-2025

    • statista.com
    Updated Oct 31, 2025
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    Statista (2025). Monthly Consumer Price Index of personal care India 2020-2025 [Dataset]. https://www.statista.com/statistics/655046/consumer-price-index-of-personal-care-india/
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    Dataset updated
    Oct 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The consumer price index (CPI) for personal care products in India as of March 2025 was approximately 217 in rural areas and over 219 in urban areas. This meant that the CPI for personal care products had increased by approximately 91 percent across rural India, compared to the base year of 2012. The personal care industry of the south Asian nation was expected to generate revenue of over 1.8 billion U.S. dollars in 2025.

  8. All India Consumer Price Index (Rural/Urban)

    • kaggle.com
    Updated Aug 24, 2023
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    Anas Khan (2023). All India Consumer Price Index (Rural/Urban) [Dataset]. https://www.kaggle.com/datasets/fiq423ubf/all-india-consumer-price-index-ruralurban
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    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Aug 24, 2023
    Dataset provided by
    Kaggle
    Authors
    Anas Khan
    License

    http://www.gnu.org/licenses/old-licenses/gpl-2.0.en.htmlhttp://www.gnu.org/licenses/old-licenses/gpl-2.0.en.html

    Area covered
    India
    Description

    Consumer Price Indices (CPI) measure changes over time in general level of prices of goods and services that households acquire for the purpose of consumption. CPI numbers are widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the national accounts. CPI is also used for indexing dearness allowance to employees for increase in prices. CPI is therefore considered as one of the most important economic indicators. For construction of CPI numbers, two requisite components are weighting diagrams (consumption patterns) and price data collected at regular intervals. The data refers to group wise all India Consumer Price Index for Rural & Urban with base year 2010. The dataset is published by Central Statistical Office and released on 12th of every month.

  9. d

    Year-wise Consumer Price Index for Important Commodities (based on CPI Base...

    • dataful.in
    Updated Oct 10, 2025
    + more versions
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    Dataful (Factly) (2025). Year-wise Consumer Price Index for Important Commodities (based on CPI Base Year 2012) [Dataset]. https://dataful.in/datasets/20941
    Explore at:
    xlsx, application/x-parquet, csvAvailable download formats
    Dataset updated
    Oct 10, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

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

    Area covered
    India
    Variables measured
    Weight, Unit
    Description

    Data in table tells us about the year-wise Consumer Price Index - Important Commodities for All India from 2015-2017. Major groups specified in the table are: Clothing, bedding and footwear; Food, beverages and tobacco; Fuel and light; Housing; Miscellaneous and Total. All commodities under these groups have been mentioned and Data has also been specified separately for Rural, Urban and combined areas.

    Note: 1) Index for the year 2017 is the average of Indices from January 2017 to September(Prov.) 2017. 2) Rural Indices in respect of Housing are not compiled.

  10. I

    India Consumer Price Index CPI Growth

    • ceicdata.com
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    CEICdata.com, India Consumer Price Index CPI Growth [Dataset]. https://www.ceicdata.com/en/indicator/india/consumer-price-index-cpi-growth
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    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    Nov 1, 2024 - Oct 1, 2025
    Area covered
    India
    Description

    Key information about India Consumer Price Index CPI growth

    • India Consumer Price Index (CPI) growth was measured at 0.3 % YoY in Oct 2025, compared with a rate of 1.4 % in the previous month.
    • India Consumer Price Index growth data is updated monthly, available from Jan 1958 to Oct 2025, with an averaged number of 13.6 % YoY.
    • The data reached an all-time high of 34.6 % YoY in Sep 1974 and a record low of -11.3 % YoY in Jun 1976.

    CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Ministry of Statistics and Programme Implementation provides Consumer Price Index with base 2012=100. Consumer Price Index Growth prior to January 2012 is sourced from the International Monetary Fund and covers Industrial workers only. [COVID-19-IMPACT]

  11. T

    India Consumer Price Index 2005 100

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, India Consumer Price Index 2005 100 [Dataset]. https://tradingeconomics.com/india/consumer-price-index-2005--100-wb-data.html
    Explore at:
    json, csv, excel, xmlAvailable 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 1, 1976 - Dec 31, 2025
    Area covered
    India
    Description

    Actual value and historical data chart for India Consumer Price Index 2005 100

  12. Consumer Price Index - Dataset - Him Data portal

    • ckan.himdataportal.com
    Updated Feb 27, 2024
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    ckan.himdataportal.com (2024). Consumer Price Index - Dataset - Him Data portal [Dataset]. https://ckan.himdataportal.com/dataset/consumer-price-index
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    Dataset updated
    Feb 27, 2024
    Dataset provided by
    CKANhttps://ckan.org/
    Description

    CPI dataset contains information about all India average and state wise monthly price index and inflation rate. The base year for the CPI is 2012 and Information is available for seven sub-group indices including food price inflation, housing and fuel inflation for both rural and urban since January,2013. The datasource is Ministry of Statistics and Program Implementation (MOSPI).

  13. I

    India Core CPI Change

    • ceicdata.com
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    CEICdata.com, India Core CPI Change [Dataset]. https://www.ceicdata.com/en/indicator/india/core-cpi-change
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    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    Nov 1, 2024 - Oct 1, 2025
    Area covered
    India
    Description

    Key information about India Core CPI Change

    • India Core CPI Change was reported at 4.404 % in Oct 2025.
    • This records an increase from the previous number of 4.275 % for Sep 2025.
    • India Core CPI Change data is updated monthly, averaging 5.720 % from Jan 2012 to Oct 2025, with 166 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.

  14. Consumer Price Index (CPI) 2013-2023

    • kaggle.com
    zip
    Updated Jun 6, 2023
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    Vaibhav Khandelwal (2023). Consumer Price Index (CPI) 2013-2023 [Dataset]. https://www.kaggle.com/datasets/vaibhavkh/consumer-price-index-cpi-2013-2023/code
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    zip(20588 bytes)Available download formats
    Dataset updated
    Jun 6, 2023
    Authors
    Vaibhav Khandelwal
    License

    http://opendatacommons.org/licenses/dbcl/1.0/http://opendatacommons.org/licenses/dbcl/1.0/

    Description

    The All India Consumer Price Index (CPI) is a measure of the average price changes of a basket of goods and services consumed by households in India. It is used to track inflation and assess changes in the cost of living over time.

    The All India CPI is an aggregate index that combines the individual group indices to provide an overall measure of inflation for the entire country. It is typically reported on a monthly basis, reflecting the changes in prices compared to a designated base year. The base year is periodically revised to ensure the index remains relevant and reflective of current consumption patterns.

    By tracking the All India CPI, policymakers, economists, and the general public can monitor the rate of inflation and make informed decisions related to economic policies, wage adjustments, investment strategies, and budgeting.

  15. I

    India IN: Consumer Price Index

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). India IN: Consumer Price Index [Dataset]. https://www.ceicdata.com/en/india/consumer-and-wholesale-price-index-forecast-non-oecd-member-annual/in-consumer-price-index
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    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 data was reported at 2.088 Index, 2011-12 in 2026. This records an increase from the previous number of 2.007 Index, 2011-12 for 2025. India IN: Consumer Price Index data is updated yearly, averaging 0.674 Index, 2011-12 from Dec 1989 (Median) to 2026, with 38 observations. The data reached an all-time high of 2.088 Index, 2011-12 in 2026 and a record low of 0.182 Index, 2011-12 in 1989. India IN: Consumer Price Index 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-Consumer price indexIndex, national reference year

  16. d

    Year-wise Consumer price index numbers for agricultural labourers and rural...

    • dataful.in
    Updated Oct 10, 2025
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    Dataful (Factly) (2025). Year-wise Consumer price index numbers for agricultural labourers and rural labourers [Dataset]. https://dataful.in/datasets/20942
    Explore at:
    csv, application/x-parquet, xlsxAvailable download formats
    Dataset updated
    Oct 10, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

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

    Area covered
    States of India
    Variables measured
    Weight, Unit
    Description

    Data in table tells us about the year-wise Consumer price index numbers for agricultural labourers and rural labourers. The two categories mentioned in the table are- general and food items for all the Indian States and UTs from 2005-06 to 2016-17. The specific weight of each index type- general and food is also calculated.

    Notes: 1.The linking factor at All India level for conversion of current series on base 1986-87=100 to old base 1960-61=100 is 5.89 for General Index and 6.38 for Food Index in respect of Indices of Agricultural Labourers. 2. Agricultural Year = July to June

  17. I

    India Consumer Price Index: Uttarakhand: Miscellaneous

    • ceicdata.com
    Updated Jun 4, 2022
    + more versions
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    CEICdata.com (2022). India Consumer Price Index: Uttarakhand: Miscellaneous [Dataset]. https://www.ceicdata.com/en/india/consumer-price-index-2012100-by-state-uttarakhand/consumer-price-index-uttarakhand-miscellaneous
    Explore at:
    Dataset updated
    Jun 4, 2022
    Dataset provided by
    CEICdata.com
    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
    Variables measured
    Consumer Prices
    Description

    Consumer Price Index (CPI): Uttarakhand: Miscellaneous data was reported at 181.600 2012=100 in Mar 2025. This records an increase from the previous number of 181.100 2012=100 for Feb 2025. Consumer Price Index (CPI): Uttarakhand: Miscellaneous data is updated monthly, averaging 122.250 2012=100 from Jan 2011 (Median) to Mar 2025, with 166 observations. The data reached an all-time high of 181.600 2012=100 in Mar 2025 and a record low of 88.400 2012=100 in Jan 2011. Consumer Price Index (CPI): Uttarakhand: Miscellaneous 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.IB093: Consumer Price Index: 2012=100: by State: Uttarakhand.

  18. I

    India IN: Consumer Price Index: Double Hit Scenario

    • ceicdata.com
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    CEICdata.com, India IN: Consumer Price Index: Double Hit Scenario [Dataset]. https://www.ceicdata.com/en/india/consumer-and-wholesale-price-index-forecast-non-oecd-member-annual/in-consumer-price-index-double-hit-scenario
    Explore at:
    Dataset provided by
    CEICdata.com
    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, 2010 - Dec 1, 2021
    Area covered
    India
    Variables measured
    Price
    Description

    India IN: Consumer Price Index (CPI): Double Hit Scenario data was reported at 1.596 Index, 2011-12 in 2021. This records an increase from the previous number of 1.531 Index, 2011-12 for 2020. India IN: Consumer Price Index (CPI): Double Hit Scenario data is updated yearly, averaging 0.704 Index, 2011-12 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 1.596 Index, 2011-12 in 2021 and a record low of 0.326 Index, 2011-12 in 1995. India IN: Consumer Price Index (CPI): Double Hit Scenario 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-Consumer price indexIndex, national reference year

  19. I

    India Consumer Price Index: Madhya Pradesh: Urban: Miscellaneous

    • ceicdata.com
    Updated Jun 5, 2022
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    CEICdata.com (2022). India Consumer Price Index: Madhya Pradesh: Urban: Miscellaneous [Dataset]. https://www.ceicdata.com/en/india/consumer-price-index-2012100-by-state-madhya-pradesh/consumer-price-index-madhya-pradesh-urban-miscellaneous
    Explore at:
    Dataset updated
    Jun 5, 2022
    Dataset provided by
    CEICdata.com
    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
    Variables measured
    Consumer Prices
    Description

    Consumer Price Index (CPI): Madhya Pradesh: Urban: Miscellaneous data was reported at 187.700 2012=100 in Mar 2025. This records an increase from the previous number of 186.700 2012=100 for Feb 2025. Consumer Price Index (CPI): Madhya Pradesh: Urban: Miscellaneous data is updated monthly, averaging 128.100 2012=100 from Jan 2011 (Median) to Mar 2025, with 166 observations. The data reached an all-time high of 187.700 2012=100 in Mar 2025 and a record low of 88.700 2012=100 in Jan 2011. Consumer Price Index (CPI): Madhya Pradesh: Urban: Miscellaneous 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.IB061: Consumer Price Index: 2012=100: by State: Madhya Pradesh.

  20. I

    India IN: Consumer Price Index: Single Hit Scenario

    • ceicdata.com
    Updated Dec 15, 2020
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    CEICdata.com (2020). India IN: Consumer Price Index: Single Hit Scenario [Dataset]. https://www.ceicdata.com/en/india/consumer-and-wholesale-price-index-forecast-non-oecd-member-annual/in-consumer-price-index-single-hit-scenario
    Explore at:
    Dataset updated
    Dec 15, 2020
    Dataset provided by
    CEICdata.com
    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, 2010 - Dec 1, 2021
    Area covered
    India
    Variables measured
    Price
    Description

    India IN: Consumer Price Index (CPI): Single Hit Scenario data was reported at 1.598 Index, 2011-12 in 2021. This records an increase from the previous number of 1.532 Index, 2011-12 for 2020. India IN: Consumer Price Index (CPI): Single Hit Scenario data is updated yearly, averaging 0.704 Index, 2011-12 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 1.598 Index, 2011-12 in 2021 and a record low of 0.326 Index, 2011-12 in 1995. India IN: Consumer Price Index (CPI): Single Hit Scenario 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-Consumer price indexIndex, national reference year

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360 Analytika (2025). Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025 [Dataset]. https://360analytika.com/consumer-price-index-cpi-inflation-rate-in-india/

Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025

Explore at:
csvAvailable download formats
Dataset updated
Jun 4, 2025
Dataset authored and provided by
360 Analytika
License

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

Area covered
India
Description

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket and averaging them. Prices are collected periodically, and the CPI is often used to measure inflation, reflecting the cost of living. The CPI is typically set against a base year. The index is set to 100 in the base year, and changes in the CPI indicate price changes compared to that year. A typical household might purchase a wide range of products and services. Items in the basket are weighted according to their importance or share in total household spending. The Inflation Rate is the percentage increase in the general level of prices for goods and services over a period of time. It indicates how much prices have risen over a specific period, typically a year. Higher inflation decreases the purchasing power of money, meaning consumers can buy less with the same amount of money.It reflects the overall health of an economy. Moderate inflation is expected in a growing economy, but hyperinflation can indicate economic instability. The Inflation Rate is calculated using the following formula: Inflation Rate (%) = ((CPI in Current Year−CPI in Previous Year)/ (CPI in Previous Year))×100

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