The food inflation in India fell to ***** percent year-on-year in July 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.  

Inflation Rate in India decreased to 0.25 percent in October from 1.44 percent in September of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides a comprehensive overview of inflation and consumer price trends in India. It includes detailed information on 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. The dataset covers a significant time period, allowing for analysis of inflationary patterns, the impact of economic policies, and the overall cost of living. This data is essential for economists, policymakers, and researchers to understand the dynamics of consumer prices and to make informed decisions regarding economic strategies and interventions.

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.

The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.

India IESH: RBI: Inflation Expectations: Current: Mean data was reported at 8.538 % in Mar 2025. This records a decrease from the previous number of 8.848 % for Jan 2025. India IESH: RBI: Inflation Expectations: Current: Mean data is updated monthly, averaging 9.150 % from Sep 2006 (Median) to Mar 2025, with 92 observations. The data reached an all-time high of 12.700 % in Sep 2014 and a record low of 4.500 % in Dec 2007. India IESH: RBI: Inflation Expectations: Current: Mean data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Business and Economic Survey – Table IN.SG001: Inflation Expectations Survey of Households (IESH): Reserve Bank of India: Inflation Expectations. [COVID-19-IMPACT]

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]

The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset simulates the economic impact of the COVID-19 pandemic on India's GDP across various sectors and states from 2019 to 2022. It includes realistic variations in GDP before and during the pandemic, along with key economic indicators like unemployment, migration, inflation, and vaccination rate.

Although the data is synthetic, it follows realistic patterns inspired by publicly available economic and government reports.

Key features:

State-wise and sector-wise granularity

Time-series data spanning 48 months (2019–2022)

Simulated recovery metrics post-COVID

Useful for economic forecasting, ML modeling, policy simulations, and dashboards

India's quarterly GDP was estimated to grow by 8.4 percent in the second quarter of financial year 2022 compared to the same quarter in the previous fiscal year. While continuing to be a positive change, it was a significant reduction from the performance during the first quarter of fiscal year 2022 when GDP growth peaked by 20 percent.

Cost of the pandemic

As a result of the various lockdowns enforced since the onset of the coronavirus pandemic in 2020, the Indian economy has been reeling from a multibillion dollar setback. The GDP contribution as well as the employment rate among most major sectors, especially services and trade, had taken a hit. The agriculture sector was an exception, having experienced positive changes on both these fronts.

A slowly recovering economy

With the outbreak of the second wave of the pandemic in March 2021, the government redirected financial support to boost India’s vaccination campaign. As of February 2022, over a billion vaccine doses had been administered across the country. Furthermore, inflation within the country was expected to decline 2021 onwards. However, the stagnation of employment continued to remain a matter of concern with protests erupting across different states in 2022.

Consumer Price Index (CPI): Weights: Uttar Pradesh: Urban: Miscellaneous: Personal Care and Effects data was reported at 3.170 % in Mar 2025. This stayed constant from the previous number of 3.170 % for Feb 2025. Consumer Price Index (CPI): Weights: Uttar Pradesh: Urban: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 3.170 % from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 3.170 % in Mar 2025 and a record low of 3.170 % in Mar 2025. Consumer Price Index (CPI): Weights: Uttar Pradesh: Urban: Miscellaneous: Personal Care and Effects 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.IB092: Consumer Price Index: 2012=100: by State: Uttar Pradesh: Weights.

Consumer Price Index (CPI): Uttar Pradesh: Urban: Miscellaneous: Personal Care and Effects data was reported at 202.000 2012=100 in Mar 2025. This records an increase from the previous number of 199.200 2012=100 for Feb 2025. Consumer Price Index (CPI): Uttar Pradesh: Urban: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 124.000 2012=100 from Jan 2013 (Median) to Mar 2025, with 142 observations. The data reached an all-time high of 202.000 2012=100 in Mar 2025 and a record low of 100.600 2012=100 in May 2013. Consumer Price Index (CPI): Uttar Pradesh: Urban: Miscellaneous: Personal Care and Effects 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.IB091: Consumer Price Index: 2012=100: by State: Uttar Pradesh.

Consumer Price Index (CPI): Uttar Pradesh: Miscellaneous: Personal Care and Effects data was reported at 198.100 2012=100 in Mar 2025. This records an increase from the previous number of 196.100 2012=100 for Feb 2025. Consumer Price Index (CPI): Uttar Pradesh: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 126.850 2012=100 from Jan 2013 (Median) to Mar 2025, with 142 observations. The data reached an all-time high of 198.100 2012=100 in Mar 2025 and a record low of 102.000 2012=100 in Jul 2013. Consumer Price Index (CPI): Uttar Pradesh: Miscellaneous: Personal Care and Effects 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.IB091: Consumer Price Index: 2012=100: by State: Uttar Pradesh.

Consumer Price Index (CPI): Weights: Madhya Pradesh: Urban: Miscellaneous: Personal Care and Effects data was reported at 3.660 % in Mar 2025. This stayed constant from the previous number of 3.660 % for Feb 2025. Consumer Price Index (CPI): Weights: Madhya Pradesh: Urban: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 3.660 % from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 3.660 % in Mar 2025 and a record low of 3.660 % in Mar 2025. Consumer Price Index (CPI): Weights: Madhya Pradesh: Urban: Miscellaneous: Personal Care and Effects 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.IB062: Consumer Price Index: 2012=100: by State: Madhya Pradesh: Weights.

Consumer Price Index (CPI): Weights: Madhya Pradesh: Rural: Miscellaneous: Personal Care and Effects data was reported at 4.120 % in Mar 2025. This stayed constant from the previous number of 4.120 % for Feb 2025. Consumer Price Index (CPI): Weights: Madhya Pradesh: Rural: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 4.120 % from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 4.120 % in Mar 2025 and a record low of 4.120 % in Mar 2025. Consumer Price Index (CPI): Weights: Madhya Pradesh: Rural: Miscellaneous: Personal Care and Effects 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.IB062: Consumer Price Index: 2012=100: by State: Madhya Pradesh: Weights.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index (CPI): Tamil Nadu: Urban: Miscellaneous: Personal Care and Effects data was reported at 233.400 2012=100 in Mar 2025. This records an increase from the previous number of 229.800 2012=100 for Feb 2025. Consumer Price Index (CPI): Tamil Nadu: Urban: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 126.850 2012=100 from Jan 2013 (Median) to Mar 2025, with 142 observations. The data reached an all-time high of 233.400 2012=100 in Mar 2025 and a record low of 99.900 2012=100 in May 2013. Consumer Price Index (CPI): Tamil Nadu: Urban: Miscellaneous: Personal Care and Effects 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.IB085: Consumer Price Index: 2012=100: by State: Tamil Nadu.

Consumer Price Index (CPI): Weights: Punjab: Urban: Miscellaneous: Personal Care and Effects data was reported at 2.600 % in Mar 2025. This stayed constant from the previous number of 2.600 % for Feb 2025. Consumer Price Index (CPI): Weights: Punjab: Urban: Miscellaneous: Personal Care and Effects data is updated monthly, averaging 2.600 % from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 2.600 % in Mar 2025 and a record low of 2.600 % in Mar 2025. Consumer Price Index (CPI): Weights: Punjab: Urban: Miscellaneous: Personal Care and Effects 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.IB080: Consumer Price Index: 2012=100: by State: Punjab: Weights.

The statistic shows the average inflation rate in Canada 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 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

In September 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In September 2025, Russia maintained the highest interest rate at 17 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.