India Inflation Rate

The inflation rate in India was recorded at 7.31 percent in June of 2014. Inflation Rate in India averaged 9.54 Percent from 2012 until 2014, reaching an all time high of 11.16 Percent in November of 2013 and a record low of 7.31 Percent in June of 2014. Inflation Rate in India is reported by the Ministry of Statistics and Programme Implementation (MOSPI), India.

   
 
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India Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
7.31 8.28 11.16 7.31 2012 - 2014 Percent Monthly
Historically, the wholesale price index (WPI) has been the main measure of inflation in India. However, in 2013, the governor of The Reserve Bank of India Raghuram Rajan had announced that the consumer price index is a better measure of inflation. This page provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


India Consumer Inflation Down to Record Low


Indian consumer prices rose by an annual 7.31 percent in June of 2014, the lowest rate on record. The inflation rate slowed for the second straight month, due to lower food prices.

Provisional estimates showed food inflation slowed to 7.9 percent in June from 9.4 percent in May. Fruit prices rose at a slower 20.64 percent and cost of vegetables eased sharply to 8.73 percent (15.27 percent in the previous month).

Cost of fuel and light rose 4.58 percent, down from a 5.07 percent increase in the previous month and cost of clothing and footwear slowed slightly to 8.65 percent from 8.86 percent in May. 

The corresponding provisional inflation rates for rural and urban areas for May of 2014 are 7.72 percent and 6.86 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
7/14/2014 1:28:56 PM


Recent Releases

India Consumer Inflation Declines in May
Indian annual consumer prices decelerated to 8.28 percent in May of 2014 from 8.59 percent in April. It is the lowest rate in three months as food prices slowed slightly. Published on 2014-06-12

India Consumer Inflation Up to 3-Month High
Indian annual consumer prices accelerated for the second straight month to 8.59 percent in April of 2014, from 8.31 percent in March, driven by higher cost of fruits and vegetables. Published on 2014-05-12


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-15 01:00 PM India
Inflation Rate YoY
Mar 2014 8.31% 8.03% (R) 8.19% 9.06%
2014-05-12 01:00 PM India
Inflation Rate YoY
Apr 2014 8.59% 8.31% 8.48% 8.69%
2014-06-12 01:00 PM India
Inflation Rate YoY
May 2014 8.28% 8.59% 8.4% 8.67%
2014-07-14 01:00 PM India
Inflation Rate YoY
Jun 2014 7.31% 8.28% 7.95% 8.5%
2014-08-12 12:00 PM India
Inflation Rate YoY
Jul 2014 7.31% 8.1%


Prices Last Previous Highest Lowest Unit
Inflation Rate 7.31 8.28 11.16 7.31 Percent [+]
Consumer Price Index (CPI) 141.00 139.90 141.00 105.00 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 182.60 181.70 182.60 97.50 Index Points [+]
Producer Prices Change 5.43 6.01 34.68 -11.31 Percent [+]
Export Prices 284.00 268.00 284.00 100.00 Index Points [+]
Import Prices 459.00 425.00 459.00 100.00 Index Points [+]
Food Inflation 9.40 9.66 14.72 4.11 Percent [+]





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