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

The inflation rate in India was recorded at 5 percent in December of 2014. Inflation Rate in India averaged 8.98 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.

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India Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.38 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, January 26, 2015.


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.

Cost of food and beverages rose 5 percent, accelerating from a 3.5 percent increase in November, provisional estimates showed. The food alone index rose 4.78 percent (3.14 percent in November). Cost of vegetables went up 0.58 percent and fruit prices increased 14.84 percent (13.74 percent in November). In contrast, price decreases were reported for oils and fats (-1.24 percent) and sugar (-0.84 percent). 

Cost of fuel and light rose 3.41 percent in December, slightly up from 3.27 percent in November and cost of clothing and footwear slowed to 6.51 percent from 6.97 percent in the previous month. 

The corresponding provisional inflation rates for rural and urban areas for December of 2014 are 4.71 percent and 5.32 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
1/12/2015 1:22:42 PM


Recent Releases

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

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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 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
5.0% 4.37%
2015-03-12 12:00 PM
Inflation Rate YoY  Feb
4.31%
2015-04-13 01:00 PM
Inflation Rate YoY  Mar
3.8%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 5.00 4.38 11.16 4.38 percent [+]
Consumer Price Index CPI 144.90 145.50 145.50 105.00 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 179.80 181.50 185.70 97.50 Index Points [+]
Producer Prices Change 0.11 0.00 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 5.00 3.50 14.72 3.50 percent [+]
Inflation Rate Mom -0.41 0.21 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 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.20 Dec/14 0.30 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany 0.20 Dec/14 0.57 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Nov/14 2.90 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.00 Dec/14 -0.40 28.43 -1.37 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]