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

The inflation rate in India was recorded at 7.80 percent in August of 2014. Inflation Rate in India averaged 9.44 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.

   
 
 

India Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
7.80 7.96 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. 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 Saturday, September 20, 2014.


India Consumer Inflation Edges Down in August


Indian consumer prices rose by an annual 7.8 percent in August of 2014, slowing slightly from 7.96 percent in July. Provisional estimates showed the annual food inflation accelerated to 9.42 percent.

Fruit prices rose at a faster 24.27 percent (22.48 percent) while cost of vegetables eased to 15.15 percent (16.88 percent in the previous month). Cost of food and beverages increased 9.16 percent year-on-year, the same rate recorded in July. 

Cost of fuel and light rose 4.15 percent in August, down from a 4.47 percent increase in the previous month and cost of clothing and footwear slowed slightly to 8.53 percent from 8.73 percent in July. 

The corresponding provisional inflation rates for rural and urban areas for August of 2014 are 8.35 percent and 7.04 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
9/12/2014 2:13:04 PM


Recent Releases

India Inflation Rate Surges in July
Indian annual inflation rate accelerated to 7.96 percent in July of 2014 from 7.31 percent in the previous month driven by higher food prices. Published on 2014-08-12

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. Published on 2014-07-14


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 01:10 PM India
Inflation Rate YoY
Jul 2014 7.96% 7.31% 7.4% 7.59%
2014-09-12 01:05 PM India
Inflation Rate YoY
Aug 2014 7.8% 7.96% 7.8% 7.62%
2014-10-13 12:00 PM India
Inflation Rate YoY
Sep 2014 7.8% 8.08%


Prices Last Previous Highest Lowest Unit
Inflation Rate 7.80 7.96 11.16 7.31 Percent [+]
Consumer Price Index CPI 143.70 141.20 143.70 105.00 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 185.70 184.60 185.70 97.50 Index Points [+]
Producer Prices Change 3.74 5.19 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 9.16 9.16 14.72 4.11 Percent [+]
Inflation Rate Mom 0.97 1.77 1.77 -1.00 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Aug/14 2.10 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.40 Aug/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Aug/14 0.85 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 3.99 Aug/14 4.53 82.40 -1.17 Percent [+]
Italy -0.10 Aug/14 0.09 25.64 -2.44 Percent [+]
Japan 3.40 Jul/14 3.60 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.40 Aug/14 1.60 32.50 0.20 Percent [+]
Spain -0.50 Aug/14 -0.34 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -4.01 Percent [+]
United Kingdom 1.50 Aug/14 1.60 8.50 0.50 Percent [+]
United States 1.70 Aug/14 2.00 23.70 -15.80 Percent [+]





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