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

The inflation rate in India was recorded at 5.11 percent in January of 2015. Inflation Rate in India averaged 8.87 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
5.11 5.00 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 Thursday, March 5, 2015.


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.

The base year was changed to 2012 from 2010 and lower weights were given to food and fuel while services like education and health became more important. 

In January of 2015, cost of food and beverages rose 6.13 percent, up from a 5 percent increase in December, provisional estimates showed. The food alone index rose 6.06 percent (4.78 percent in December). Cost of vegetables jumped 9 percent, after edging up 0.58 percent in December and fruit prices increased 10.62 percent (14.84 percent in the previous month). In contrast, price decreases were reported for sugar (-1.10 percent) and egg (-0.24 percent). 

Cost of fuel and light rose 3.74 percent, slightly up from 3.41 percent in December and cost of clothing and footwear slowed slightly to 6.15 percent (6.51 percent in the previous month). 

Education cost increased 7.26 percent; housing increased 5.11 percent and health went up 4.71 percent. Meanwhile, transport and communication prices fell 1.17 percent. 

The corresponding provisional inflation rates for rural and urban areas for January of 2015 are 5.25 percent and 4.96 percent. 

Joana Taborda | joana.taborda@tradingeconomics.com
2/12/2015 12:32:01 PM


Recent Releases

India Consumer Inflation Climbs to 5%
Indian CPI inflation increased for the first time in five months to 5 percent in December of 2014 from a record-low of 4.38 percent the previous month and driven by higher food prices. Published on 2015-01-12

India Consumer Inflation at 4.38%
Indian consumer inflation slowed for the fourth straight month to a fresh record-low of 4.38 percent in November as food prices kept its downward trend. Published on 2014-12-12


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-12 12:00 PM
Inflation Rate YoY  Nov
4.38% 5.52% 4.5% 5.7%
2015-01-12 12:00 PM
Inflation Rate YoY  Dec
5.0% 4.38% 5.4% 5.3%
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
5.11% 5%
2015-04-13 01:00 PM
Inflation Rate YoY  Mar
4.8%
2015-05-12 01:00 PM
Inflation Rate YoY  Apr
3.65%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 5.11 5.00 11.16 4.38 percent [+]
Consumer Price Index CPI 119.40 119.40 145.50 105.00 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 178.30 179.80 185.90 97.50 Index Points [+]
Producer Prices Change -0.39 0.11 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 6.06 4.78 14.72 3.14 percent [+]
Inflation Rate Mom -0.41 0.21 1.77 -1.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.14 Jan/15 6.41 6821.31 1.65 percent [+]
Canada 1.00 Jan/15 1.50 21.60 -17.80 percent [+]
China 0.80 Jan/15 1.50 28.40 -2.20 percent [+]
Euro Area -0.30 Feb/15 -0.60 5.00 -0.70 percent [+]
France -0.40 Jan/15 0.10 18.80 -0.70 percent [+]
Germany 0.10 Feb/15 -0.40 11.54 -7.62 percent [+]
India 5.11 Jan/15 5.00 11.16 4.38 percent [+]
Indonesia 6.29 Feb/15 6.96 82.40 -1.17 percent [+]
Italy -0.19 Feb/15 -0.60 25.64 -0.60 percent [+]
Japan 2.40 Jan/15 2.40 25.00 -2.52 percent [+]
Mexico 3.07 Jan/15 4.08 179.73 2.91 percent [+]
Netherlands 0.10 Feb/15 0.00 11.19 -1.30 percent [+]
Russia 15.00 Jan/15 11.40 2333.30 3.60 percent [+]
South Korea 0.50 Feb/15 0.80 32.50 0.20 percent [+]
Spain -1.10 Feb/15 -1.30 28.43 -1.37 percent [+]
Switzerland -0.50 Jan/15 -0.30 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.30 Jan/15 0.50 8.50 0.30 percent [+]
United States -0.10 Jan/15 0.80 23.70 -15.80 percent [+]