India Inflation Rate  2012-2017 | Data | Chart | Calendar | Forecast

Consumer prices in India increased 3.17 percent year-on-year in January of 2017, easing from a 3.41 percent rise in December and below market expectations of 3.22 percent. It is the lowest inflation rate since the series begun due to a sharp slowdown in food prices. Inflation Rate in India averaged 7.31 percent from 2012 until 2017, reaching an all time high of 12.17 percent in November of 2013 and a record low of 3.17 percent in January of 2017.

India Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-13 12:00 PM Nov 3.63% 4.2% 3.9% 3.7%
2017-01-12 12:00 PM Dec 3.41% 3.63% 3.57% 3.4%
2017-02-13 12:00 PM Jan 3.17% 3.41% 3.22% 3.37%
2017-03-13 12:00 PM Feb 3.17% 3.14%
2017-04-12 12:00 PM Mar 3%
2017-05-12 12:00 PM Apr 2.94%




India Consumer Inflation Down To Record Low Of 3.17%


Consumer prices in India increased 3.17 percent year-on-year in January of 2017, easing from a 3.41 percent rise in December and below market expectations of 3.22 percent. It is the lowest inflation rate since the series began in 2012 due to a sharp slowdown in food prices.

Year-on-year, cost of food and beverages rose 1.29 percent (1.98 percent in December), provisional estimates showed. The food index alone edged up 0.53 percent compared to 1.37 percent in the previous month. Prices increased less for sugar (18.69 percent from 21.06 percent in December) and fell for pulses (-6.62 percent from -1.57 percent) and vegetables (-15.62 percent from -14.59 percent) while cost of fruit rose more (5.81 percent from 4.74 percent). 

Inflation also eased for clothing and footwear (4.71 percent from 4.88 percent) and fuel and light (3.42 percent from 3.77 percent) but accelerated slightly for housing (5.02 percent from 4.98 percent). 

The corresponding provisional inflation rates for rural and urban areas are 3.36 percent and 2.9 percent (3.83 percent and 2.9 percent respectively in November).

A year ago, the inflation rate was higher at 5.69 percent.

On a monthly basis, consumer prices edged down 0.08 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
2/13/2017 12:29:43 PM



India Prices Last Previous Highest Lowest Unit
Inflation Rate 3.17 3.41 12.17 3.17 percent [+]
Consumer Price Index CPI 130.30 130.40 131.40 86.81 Index Points [+]
GDP Deflator 119.50 118.30 146.50 100.00 Index Points [+]
Producer Prices 184.60 182.80 185.90 97.50 Index Points [+]
Producer Prices Change 5.25 3.39 34.68 -11.31 percent [+]
Export Prices 300.00 312.00 312.00 100.00 Index Points [+]
Import Prices 518.00 518.00 518.00 100.00 Index Points [+]
Food Inflation 0.53 1.37 14.72 0.53 percent [+]
Cpi Transportation 117.10 116.00 117.10 103.20 Index Points [+]
Inflation Rate Mom -0.08 -0.61 1.77 -1.00 percent [+]



India Inflation Rate Notes

In 2013, the consumer price index replaced the wholesale price index (WPI) as a main measure of inflation. In India, the most important category in the consumer price index is Food and beverages (45.86 percent of total weight). Housing accounts for 10 percent; Transport and communication for 8.6 percent; Fuel and light for 6.84 percent; Clothing and footwear for 6.5 percent; Medical care for 5.9 percent and education for 4.5 percent. Consumer price changes in India can be very volatile due to dependence on energy imports, the uncertain impact of monsoon rains on its large farm sector, difficulties transporting food items to market because of its poor roads and infrastructure and high fiscal deficit. This page provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.17 3.41 12.17 3.17 2012 - 2017 percent Monthly
2012=100



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Afghanistan 4.60 Nov/16
Albania 2.80 Jan/17
Algeria 6.95 Dec/16
Angola 40.39 Jan/17
Argentina 40.50 Apr/16
Armenia -0.60 Jan/17
Aruba -0.30 Dec/16
Australia 1.50 Dec/16
Austria 2.00 Jan/17
Azerbaijan 11.90 Jan/17
Bahamas 0.80 Dec/16
Bahrain 0.80 Jan/17
Bangladesh 5.15 Jan/17
Barbados -0.60 Jul/16
Belarus 9.50 Jan/17
Belgium 2.65 Jan/17
Belize 1.10 Dec/16
Benin -2.80 Dec/16
Bhutan 3.71 Dec/16
Bolivia 3.68 Jan/17
Bosnia and Herzegovina -0.20 Dec/16
Botswana 3.10 Jan/17
Brazil 5.35 Jan/17
Brunei -0.20 Jan/17
Bulgaria 1.40 Jan/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.61 Nov/16
Cameroon 0.55 Sep/17
Canada 1.50 Dec/16
Cape Verde -1.40 Dec/16
Cayman Islands 0.50 Sep/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.80 Jan/17
China 2.50 Jan/17
Colombia 5.47 Jan/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 0.66 Jan/17
Croatia 0.20 Dec/16
Cuba 4.50 Dec/16
Cyprus 0.50 Jan/17
Czech Republic 2.20 Jan/17
Denmark 0.90 Jan/17
Djibouti 2.40 Dec/16
Dominican Republic 2.33 Jan/17
East Timor -0.30 Jan/17
Ecuador 0.90 Jan/17
Egypt 28.10 Jan/17
El Salvador -0.26 Jan/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.70 Jan/17
Ethiopia 6.10 Jan/17
Euro Area 1.80 Jan/17
European Union 1.20 Dec/16
Fiji 6.80 Jan/17
Finland 0.80 Jan/17
France 1.30 Jan/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 3.90 Jan/17
Germany 1.90 Jan/17
Ghana 13.30 Jan/17
Greece 1.20 Jan/17
Guatemala 3.83 Jan/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.44 Jan/17
Hong Kong 1.30 Jan/17
Hungary 2.30 Jan/17
Iceland 1.90 Jan/17
India 3.17 Jan/17
Indonesia 3.49 Jan/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.30 Jan/17
Israel 0.10 Jan/17
Italy 1.00 Jan/17
Ivory Coast 1.10 Jan/17
Jamaica 2.60 Jan/17
Japan 0.30 Dec/16
Jordan 2.50 Jan/17
Kazakhstan 7.90 Jan/17
Kenya 6.99 Jan/17
Kosovo 1.70 Jan/17
Kuwait 3.51 Dec/16
Kyrgyzstan 0.50 Jan/17
Laos 2.27 Jan/17
Latvia 2.90 Jan/17
Lebanon 4.68 Jan/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.30 Jan/17
Lithuania 2.30 Jan/17
Luxembourg 1.70 Jan/17
Macau 1.76 Jan/17
Macedonia 0.60 Jan/17
Madagascar 7.00 Dec/16
Malawi 18.20 Jan/17
Malaysia 3.20 Jan/17
Maldives 1.80 Dec/16
Mali -0.80 Dec/16
Malta 1.40 Jan/17
Mauritania 2.80 Dec/16
Mauritius 1.80 Jan/17
Mexico 4.72 Jan/17
Moldova 3.00 Jan/17
Mongolia 3.30 Jan/17
Montenegro 0.90 Dec/16
Morocco 2.10 Jan/17
Mozambique 20.56 Jan/17
Myanmar 11.38 May/16
Namibia 8.20 Jan/17
Nepal 3.20 Jan/17
Netherlands 1.70 Jan/17
New Caledonia 0.60 Dec/16
New Zealand 1.30 Dec/16
Nicaragua 3.88 Jan/17
Niger -2.20 Dec/16
Nigeria 18.72 Jan/17
North Korea 55.00 Jul/13
Norway 2.80 Jan/17
Oman 1.80 Jan/17
Pakistan 3.66 Jan/17
Palestine -0.26 Jan/17
Panama 1.60 Jan/17
Papua New Guinea 6.80 Sep/16
Paraguay 1.90 Jan/17
Peru 3.10 Jan/17
Philippines 2.70 Jan/17
Poland 1.80 Jan/17
Portugal 1.30 Jan/17
Puerto Rico 0.50 Dec/16
Qatar 1.20 Jan/17
Republic of the Congo 3.70 Apr/15
Romania 0.10 Jan/17
Russia 5.00 Jan/17
Rwanda 12.00 Jan/17
Sao Tome and Principe 4.70 Jan/17
Saudi Arabia -0.40 Jan/17
Senegal 1.80 Jan/17
Serbia 2.40 Jan/17
Seychelles -0.60 Jan/17
Sierra Leone 15.26 Nov/16
Singapore 0.60 Jan/17
Slovakia 0.70 Jan/17
Slovenia 1.30 Jan/17
Somalia -4.00 Dec/14
South Africa 6.60 Jan/17
South Korea 2.00 Jan/17
South Sudan 479.70 Dec/16
Spain 3.00 Jan/17
Sri Lanka 5.60 Jan/17
Sudan 30.47 Dec/16
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.40 Jan/17
Switzerland 0.30 Jan/17
Syria 52.50 Jul/16
Taiwan 2.25 Jan/17
Tajikistan 5.30 Jan/17
Tanzania 5.20 Jan/17
Thailand 1.55 Jan/17
Togo 0.40 Dec/16
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Jan/17
Turkey 9.22 Jan/17
Turkmenistan 6.17 Dec/16
Uganda 5.90 Jan/17
Ukraine 12.60 Jan/17
United Arab Emirates 2.60 Nov/16
United Kingdom 1.80 Jan/17
United States 2.50 Jan/17
Uruguay 8.30 Jan/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.22 Jan/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe -0.65 Jan/17