India Inflation Rate 2012-2015 | Data | Chart | Calendar | Forecast

The inflation rate in India was recorded at 5.17 percent in March of 2015. Inflation Rate in India averaged 8.69 percent from 2012 until 2015, reaching an all time high of 11.16 percent in November of 2013 and a record low of 4.38 percent in November of 2014. Inflation Rate in India is reported by the Ministry of Statistics and Programme Implementation (MOSPI), India.

     Forecast  
India Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.17 5.37 11.16 4.38 2012 - 2015 percent Monthly
2012=100
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. Content for - India Inflation Rate - was last refreshed on Tuesday, April 28, 2015.


India Consumer Inflation Slows Slightly


India annual CPI inflation decreased to 5.17 percent in March of 2015 from 5.37 percent in February, below market expectations. It is the lowest rate in three months due to a slowdown in food cost.

Cost of food and beverages rose 6.2 percent in March, down from 6.76 percent in the previous month, provisional estimates showed. The food alone index rose 6.14 percent (6.79 percent in February). Cost of vegetables slowed to 11.26 percent (13.01 percent in the previous month) and fruit prices eased to 7.41 percent (8.93 percent in the previous month). Cost of meat and fish increased 5.11 percent; snacks, prepared meals and sweets rose 7.54 percent; milk went up 8.35 percent and spices surged 9.03 percent. In contrast, price decreases were reported for sugar (-2.61 percent) and egg (-3.47 percent). 

Cost of fuel and light rose 5.07 percent in March, up from 4.72 percent in February. Prices of clothing and footwear eased to 6.27 percent (6.38 percent in the previous month) while growth in housing cost slowed to 4.77 percent (4.98 percent in the previous month). In addition, transport and communication cost fell 1.35 percent compared to 2.16 percent decline in February.

The corresponding provisional inflation rates for rural and urban areas for March of 2015 are 5.58 percent and 4.75 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
4/13/2015 1:26:12 PM


Recent Releases

India Consumer Inflation At 4-Month High
India CPI inflation increased to 5.37 percent in February of 2015 from a revised 5.19 percent in the previous month driven by higher food prices. Published on 2015-03-12

India Consumer Inflation Rises on New Base Year
India CPI inflation rose for the second consecutive month to 5.11 percent in January from 5 percent in the previous month, after the country changed the base year for calculating consumer prices. Published on 2015-02-12


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-12 12:00 PM
Inflation Rate YoY  Jan
5.11% 5.0% 5.4% 5.37%
2015-03-12 12:00 PM
Inflation Rate YoY  Feb
5.37% 5.19% (R) 5.2% 5%
2015-04-13 01:00 PM
Inflation Rate YoY  Mar
5.17% 5.37% 5.5% 5.4%
2015-05-12 01:00 PM
Inflation Rate YoY  Apr
5.17% 3.65%
2015-06-12 01:00 PM
Inflation Rate YoY  May
3.21%
2015-07-13 01:00 PM
Inflation Rate YoY  Jun
2.59%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 5.17 5.37 11.16 4.38 percent [+]
Consumer Price Index CPI 120.10 119.70 120.30 86.81 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 176.10 175.80 185.90 97.50 Index Points [+]
Producer Prices Change -2.33 -2.06 34.68 -11.31 percent [+]
Export Prices 312.00 284.00 312.00 100.00 Index Points [+]
Import Prices 518.00 459.00 518.00 100.00 Index Points [+]
Food Inflation 6.14 6.79 14.72 3.14 percent [+]
Inflation Rate Mom 0.33 0.17 1.77 -1.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Feb/15 1.70 23.90 -1.30 percent [+]
Brazil 8.13 Mar/15 7.70 6821.31 1.65 percent [+]
Canada 1.20 Mar/15 1.00 21.60 -17.80 percent [+]
China 1.40 Mar/15 1.40 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.10 Mar/15 -0.30 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.17 Mar/15 5.37 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.14 Mar/15 3.00 179.73 2.91 percent [+]
Netherlands 0.38 Mar/15 0.20 11.19 -1.30 percent [+]
Russia 16.90 Mar/15 16.70 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.90 Mar/15 -0.80 11.92 -1.37 percent [+]
Turkey 7.61 Mar/15 7.55 138.71 -4.01 percent [+]
United Kingdom 0.00 Mar/15 0.00 8.50 0.00 percent [+]
United States -0.10 Mar/15 0.00 23.70 -15.80 percent [+]