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 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.

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.

The UK inflation rate was 3.4 percent in May 2025, down from 3.5 percent in the previous month, and the fastest rate of inflation since February 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
The Cost of Living Crisis High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23. Global inflation crisis causes rapid surge in prices The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.

At the end of fiscal year 2024, the Wholesale Price Index of metal products across India was around 139. This meant an increase in the WPI of more than 39 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

Inflation Rate in Australia remained unchanged at 2.40 percent in the first quarter of 2025 from 2.40 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Wholesale Price Index of computers and peripheral equipment across India during financial year 2024 was *****. The price index value increased by about ** percent from the base financial year of 2012. An overall increase in the price was seen over the years from financial year 2013 in the country.

At the end of fiscal year 2024, the Wholesale Price Index of electrical machinery across India was approximately 131. This meant an increase in the WPI of about 31 percent from the base year of 2012 in the country.

At the end of fiscal year 2024, the Wholesale Price Index of cement and lime across India was over 140. This meant an increase in the WPI of about 37 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

Inflation Rate in Nepal decreased to 2.72 percent in June from 2.77 percent in May of 2025. This dataset provides the latest reported value for - Nepal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

At the end of fiscal year 2024, the Wholesale Price Index of aluminum across India was 136. This meant an increase in the WPI of about 42 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

The Wholesale Price Index of motor vehicles across India during financial year 2024 was *****. An overall increase in the index value was seen over the years from financial year 2013 in the country.

The Wholesale Price Index of textiles across India during the financial year 2024 was nearly 135. The price index value of textiles increased by about 35 percent from the base year of 2012. An overall increase in the price index was seen over the years from the financial year 2013 in the country.

At the end of fiscal year 2024, the Wholesale Price Index of paints, varnishes and lacquers across India was around 144. This meant an increase in the WPI of about 145 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

At the end of fiscal year 2024, the Wholesale Price Index of electricity across India was 145. While there has be a constant increase in the Wholesale Price Index, the financial year 2020 marks a first decrease.

At the end of fiscal year 2024, the Wholesale Price Index of consumer electronics across India stood at 103.6, indicating a significant increase from the previous year. In financial year 2022, an increase in the WPI of about two percent from the base financial year of 2012 was observed across the country.

In fiscal year 2024, the Wholesale Price Index for pharmaceuticals, medicinal, chemical and botanical products across India was nearly 143, indicating that the prices had increased by about 36 percent from the base year of 2012.

The Wholesale Price Index of poultry chicken across India during financial year 2024 was ***. The price index value of chicken increased by about ** percent from the base year of 2012. An overall increase in the price index was seen over the years from financial year 2013 in the country.

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.  

In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but an ever sharper one compared to four years earlier. Over the next few years, forecasts estimate it to level off at around 6.5 percent.

Pakistan‘s more or less fragile economy

Pakistan is one of the most populous countries in the worldwith a large Muslim population and a rather low urbanization rate, which means that the majority of Pakistanis live in rural areas. However, the majority of the country's GDP is generated by the services sector, which also employs most of the workforce. As of now, Pakistan’s economic growth seems stable, but that wasn’t always the case.

Stable growth ahead?

Like many others, Pakistan’s economy suffered during the 2009 financial crisis, and while it has recovered today, inflation was still over 10 percent in 2012. GDP slumped during that time as well, but now, ten years later, it has almost tripled and seems to be on an upward trend. Although its GDP generation now mainly relies on services, Pakistan still exports agricultural goods like cotton. However, the country still struggles with an increasing trade deficit and thus rising national debt – two factors that could hinder economic growth in the future.