India inflation rate for 2024 was 4.95%, a 0.7% decline from 2023.

<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.

Inflation Rate in India decreased to 2.82 percent in May from 3.16 percent in April 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.

Cost of food in India increased 0.99 percent in May 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.

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.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in India was 3.16 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 3.34 percent. Compared to a year ago, we see a decrease from the inflation...

Graph and download economic data for Inflation, consumer prices for India (FPCPITOTLZGIND) from 1960 to 2024 about India, consumer, CPI, inflation, price index, indexes, and price.

The Consumer Price Index in India increased 0.21 percent in May of 2025 over the previous month. This dataset provides - India Inflation Rate MoM- 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.  

Inflation, consumer prices (annual %) in India was reported at 4.953 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Monthly updated dataset showing India's national and state-wise CPI inflation trends. Includes overall inflation, sector-wise CPI, and state-wise figures, based on data from the Ministry of Statistics & Programme Implementation (MoSPI).

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.

India: Inflation forecast: The latest value from 2030 is 4 percent, unchanged from 4 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for India from 1980 to 2030 is 6.92 percent. The minimum value, 2.47 percent, was reached in 2018 while the maximum of 15.02 percent was recorded in 1990.

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

Inflation rate (GDP deflator) of India plummeted by 80.23% from 6.7 % in 2022 to 1.3 % in 2023. Since the 73.52% surge in 2021, inflation rate (GDP deflator) sank by 84.03% in 2023. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

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

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.

India PFS: RBI: Consumer Price Index Inflation: Combined: Annual Average Percentage Change: Next Five Years: Median data was reported at 4.500 % in Mar 2018. This stayed constant from the previous number of 4.500 % for Dec 2017. India PFS: RBI: Consumer Price Index Inflation: Combined: Annual Average Percentage Change: Next Five Years: Median data is updated quarterly, averaging 5.000 % from Dec 2013 (Median) to Mar 2018, with 18 observations. The data reached an all-time high of 7.750 % in Dec 2013 and a record low of 4.300 % in Sep 2017. India PFS: RBI: Consumer Price Index Inflation: Combined: Annual Average Percentage Change: Next Five Years: Median 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.SH044: Professional Forecasters Survey (PFS): Reserve Bank of India: Annual Average Percentage Change Forecasts (Discontinued).

Headline CPI inflation (year-on-year) is expected to moderate to around 3.8 percent in the second quarter of financial year 2025 and increase in the third quarter. CPI excluding food, beverages, tobacco and fuel/light was projected to be 4.3 percent in that quarter.

During the financial year 2023, the cost inflation index (CII) in India stood at 348. This was an increase from the previous year's figure of 331. The CII is used to compute an asset's inflation-adjusted cost price. It is used to assess the inflation value of assets like land, houses, jewelry etc.