Inflation Rate in India decreased to 3.16 percent in April from 3.34 percent in March of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India inflation rate for 2023 was 5.65%, a 1.05% decline from 2022.

<ul style='margin-top:20px;'>

<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>
<li>India inflation rate for 2020 was <strong>6.62%</strong>, a <strong>2.89% increase</strong> from 2019.</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.

Data and expert analysis on CPI-based consumer and CFPI-based food inflation in India and in each state, including comparison with global peers.

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.

As of January 2025, consumer price index (CPI) inflation in India eased to 4.31 percent from 5.22 percent in the previous month. January marks the third straight month that the inflation stayed below the six percent upper tolerance band of reserve Bank of India. CPI is the main measure of inflation in India.

The statistic shows the inflation rate in India from December 2022 to December 2024. The term inflation means the devaluation of money caused by a permanent increase of the price level for products (consumer goods, investment goods). The Consumer Price Index shows the price development for private expenses and shows the current level of inflation when increasing. In December 2024, the inflation rate in India was at about 3.53 percent compared to the same month of the previous year.

India Retail Price Index: Industrial Workers: 2001p: Fuel and Light: Cooking Gas data was reported at 213.070 2001=100 in Oct 2018. This records an increase from the previous number of 211.630 2001=100 for Sep 2018. India Retail Price Index: Industrial Workers: 2001p: Fuel and Light: Cooking Gas data is updated monthly, averaging 173.340 2001=100 from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 213.070 2001=100 in Oct 2018 and a record low of 126.820 2001=100 in Mar 2006. India Retail Price Index: Industrial Workers: 2001p: Fuel and Light: Cooking Gas data remains active status in CEIC and is reported by Labour Bureau Government of India. The data is categorized under India Premium Database’s Inflation – Table IN.IG010: Retail Price Index: Industrial Workers: 2001=100: Fuel and Light.

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.

Consumer Price Index CPI in India increased to 192.60 points in April from 192 points in March of 2025. This dataset provides - India Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The food inflation in India fell to around six percent year-on-year in January 2025. In 2024, the food inflation peaked in October at about 11 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 half 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.  

India Retail Price Index: Industrial Workers: Weights: Food: Pulses and Products: Arhar Dal data was reported at 1.220 % in Oct 2018. This stayed constant from the previous number of 1.220 % for Sep 2018. India Retail Price Index: Industrial Workers: Weights: Food: Pulses and Products: Arhar Dal data is updated monthly, averaging 1.220 % from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 1.220 % in Oct 2018 and a record low of 1.220 % in Oct 2018. India Retail Price Index: Industrial Workers: Weights: Food: Pulses and Products: Arhar Dal data remains active status in CEIC and is reported by Labour Bureau Government of India. The data is categorized under India Premium Database’s Inflation – Table IN.IG018: Retail Price Index: Industrial Workers: 2001=100: Weights: Food: Pulses and Products.

Key information about India Consumer Price Index CPI growth

• India Consumer Price Index (CPI) growth was measured at 3.6 % YoY in Feb 2025, compared with a rate of 4.3 % in the previous month.
• India Consumer Price Index growth data is updated monthly, available from Jan 1958 to Feb 2025, with an averaged number of 6.6 % 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]

India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Mustard Oil: Average Price data was reported at 0.172 % in 12 May 2025. This stayed constant from the previous number of 0.172 % for 05 May 2025. India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Mustard Oil: Average Price data is updated weekly, averaging 0.000 % from Jul 2020 (Median) to 12 May 2025, with 254 observations. The data reached an all-time high of 14.442 % in 07 Nov 2022 and a record low of 0.000 % in 14 Apr 2025. India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Mustard Oil: Average Price data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s India – Table IN.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Inflation Rate in Pakistan increased to 3.50 percent in May from 0.30 percent in April 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.

India Retail Price Index: Industrial Workers: 2001p: Weights: Milk and Products: Cheese data was reported at 0.000 % in Oct 2018. This stayed constant from the previous number of 0.000 % for Sep 2018. India Retail Price Index: Industrial Workers: 2001p: Weights: Milk and Products: Cheese data is updated monthly, averaging 0.000 % from Jan 2006 (Median) to Oct 2018, with 154 observations. India Retail Price Index: Industrial Workers: 2001p: Weights: Milk and Products: Cheese data remains active status in CEIC and is reported by Labour Bureau Government of India. The data is categorized under India Premium Database’s Inflation – Table IN.IG021: Retail Price Index: Industrial Workers: 2001=100: Weights: Food: Milk and Products.

According to a survey conducted in 2024, about 30 percent of respondents planned to increase their spending by 25 to 50 percent this festive season. Comparatively, 25 percent of consumers reported no change in spending. Despite inflation, Indians are keen to indulge in holiday shopping, with a greater interest in gifts, clothes, and home décor.

India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Palm Oil: Average Price data was reported at 0.000 % in 28 Apr 2025. This stayed constant from the previous number of 0.000 % for 21 Apr 2025. India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Palm Oil: Average Price data is updated weekly, averaging 0.000 % from Jul 2020 (Median) to 28 Apr 2025, with 252 observations. The data reached an all-time high of 19.156 % in 06 Jul 2020 and a record low of 0.000 % in 28 Apr 2025. India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Palm Oil: Average Price data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s India – Table IN.CEIC.NC: CEIC Nowcast: Inflation: Headline.

As of December 2024, the retail price index of wheat in India was over 144. This was an increase as compared to previous year in December when the retail price index was over 140. 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.

As of December 2021, the retail price index of washing machines in India was slightly over 108. This meant, the RPI of washing machines had increased by eight 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.

India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Tomato: Average Price data was reported at 12.579 % in 12 May 2025. This stayed constant from the previous number of 12.579 % for 05 May 2025. India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Tomato: Average Price data is updated weekly, averaging 0.202 % from Jul 2020 (Median) to 12 May 2025, with 254 observations. The data reached an all-time high of 12.638 % in 28 Apr 2025 and a record low of 0.000 % in 04 Nov 2024. India Inflation Nowcast: Contribution: Commodity Prices: Retail Price: DCA: Daily: Tomato: Average Price data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s India – Table IN.CEIC.NC: CEIC Nowcast: Inflation: Headline.