India - Inflation, consumer prices (annual %)

Inflation, consumer prices (annual %) in India was at 4.9414 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 india inflation consumer prices annual percent wb data




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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.


India | Economy & Growth

GDP (current US$)
2088841351184 USD
GDP (current LCU)
136753310000000 LCU
GDP (constant 2000 US$)
2296627145883 USD
GDP (constant LCU)
113575290000000 LCU
GNI (current US$)
2064435720996 USD
GNI (current LCU)
135155510000000 LCU
GNI (constant 2000 US$)
2270144213684 USD
GNI (constant LCU)
112262920384791 LCU
Gross savings (current US$)
675464409704 USD
Gross savings (current LCU)
44221641706737 LCU
Total Reserves
360297 %