India Inflation Rate 2012-2014 | Data | Chart | Calendar | Forecast

The inflation rate in India was recorded at 4.38 percent in November of 2014. Inflation Rate in India averaged 9.09 percent from 2012 until 2014, 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
4.38 5.52 11.16 4.38 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. In India, the most important category in the consumer price index is Food, beverages and tobacco (49.7 percent of total weight). Fuel and light accounts for 9.5 percent; Housing for 9.8 percent; Transport and communication for 7.6 percent; Medical care for 5.7 percent; Clothing, bedding and footwear for 4.7 percent and education for 3.4 percent. 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 Monday, December 22, 2014.


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.

Provisional estimates showed cost of food and beverages rose 3.5 percent yoy, slowing sharply from a 5.68 percent increase in October. The food alone index rose 3.14 percent, easing from 5.59 percent in the previous month. Cost of vegetables fell 10.9 percent and fruit prices increased at a slower 13.74 percent (17.49 percent in October). Prices of oils and fats dropped 0.83 percent and sugar prices decreased 0.28 percent. 

Cost of fuel and light rose 3.27 percent in November, marginally unchanged from 3.29 percent in the previous month and cost of clothing and footwear slowed to 6.97 percent from 7.45 percent in October. 

The corresponding provisional inflation rates for rural and urban areas for November of 2014 are 4.09 percent and 4.69 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
12/12/2014 12:31:43 PM


Recent Releases

India Consumer Inflation Beats Expectations
Indian consumer inflation eased to a new record-low of 5.52 percent in October of 2014 as food prices slowed sharply. Published on 2014-11-14

India Consumer Inflation Down to Record Low
Indian consumer inflation slowed for the second consecutive month to 6.46 percent in September of 2014, from a revised 7.73 percent in August. It is the lowest rate on record mainly driven by lower food prices. Published on 2014-10-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-13 01:00 PM
Inflation Rate YoY  Sep
6.46% 7.73% (R) 7.2% 7.5%
2014-11-12 12:00 PM
Inflation Rate YoY  Oct
5.52% 6.46% 5.8% 6.3%
2014-12-12 12:00 PM
Inflation Rate YoY  Nov
4.38% 5.52% 4.5% 5.7%
2015-01-12 06:30 AM
Inflation Rate YoY  Dec
5.72%
2015-02-12 12:00 PM
Inflation Rate YoY  Jan
4.56%
2015-03-12 12:00 PM
Inflation Rate YoY  Feb
4.56%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 4.38 5.52 11.16 4.38 percent [+]
Consumer Price Index CPI 145.50 145.20 145.50 105.00 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 181.50 183.90 185.70 97.50 Index Points [+]
Producer Prices Change 0.00 1.77 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 3.50 5.68 14.72 3.50 percent [+]
Inflation Rate Mom 0.14 0.00 1.77 -1.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.00 Nov/14 2.40 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]