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

The inflation rate in India was recorded at 5.52 percent in October of 2014. Inflation Rate in India averaged 9.23 Percent from 2012 until 2014, reaching an all time high of 11.16 Percent in November of 2013 and a record low of 5.52 Percent in October 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
5.52 6.46 11.16 5.52 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, November 24, 2014.


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.

Provisional estimates showed cost of food and beverages rose 5.68 percent yoy, slowing sharply from a 7.56 percent increase in September. The food index alone rose 5.59 percent in October, easing from 7.67 percent in the previous month. Cost of vegetables dropped 1.45 percent and fruit prices increased at a slower 17.49 percent (22.4 percent in September). Prices of oils and fats were unchanged from last year and sugar cost rose a meager 0.37 percent.  

Cost of fuel and light rose 3.29 percent in October, down from a 3.45 percent increase in the previous month and cost of clothing and footwear slowed slightly to 7.45 percent from 7.59 percent in September. 

The corresponding provisional inflation rates for rural and urban areas for October of 2014 are 5.52 percent and 5.55 percent. 

Joana Taborda | joana.taborda@tradingeconomics.com
11/14/2014 8:30:54 AM


Recent Releases

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

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. Published on 2014-09-12


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-12 01:05 PM
Inflation Rate YoY  Aug 2014
7.8% 7.96% 7.8% 7.62%
2014-10-13 01:00 PM
Inflation Rate YoY  Sep 2014
6.46% 7.73% (R) 7.2% 7.5%
2014-11-12 12:00 PM
Inflation Rate YoY  Oct 2014
5.52% 6.46% 5.8% 6.3%
2014-12-12 12:00 PM
Inflation Rate YoY  Nov 2014
7.05%
2015-01-12 12:00 PM
Inflation Rate YoY  Dec 2014
6.56%
2015-02-12 12:00 PM
Inflation Rate YoY  Jan 2015
5.4%


India Prices Last Previous Highest Lowest Unit
Inflation Rate 5.52 6.46 11.16 5.52 percent [+]
Consumer Price Index CPI 145.20 145.00 145.20 105.00 Index Points [+]
GDP Deflator 171.30 159.30 171.30 100.00 Index Points [+]
Producer Prices 183.90 185.00 185.70 97.50 Index Points [+]
Producer Prices Change 1.77 2.38 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 5.68 7.56 14.72 4.11 percent [+]
Inflation Rate Mom 0.00 0.97 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 6.59 Oct/14 6.75 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.60 Oct/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.40 Oct/14 0.30 5.00 -0.70 percent [+]
France 0.50 Oct/14 0.30 18.80 -0.70 percent [+]
Germany 0.80 Oct/14 0.80 11.54 -7.62 percent [+]
India 5.52 Oct/14 6.46 11.16 5.52 percent [+]
Indonesia 4.83 Oct/14 4.53 82.40 -1.17 percent [+]
Italy 0.10 Oct/14 -0.20 25.64 -2.44 percent [+]
Japan 3.20 Sep/14 3.30 25.00 -2.52 percent [+]
Mexico 4.30 Oct/14 4.22 179.73 2.91 percent [+]
Netherlands 1.10 Oct/14 0.90 11.19 -1.30 percent [+]
Russia 8.30 Oct/14 8.00 2333.30 3.60 percent [+]
South Korea 1.20 Oct/14 1.10 32.50 0.20 percent [+]
Spain -0.10 Oct/14 -0.20 28.43 -1.37 percent [+]
Switzerland 0.00 Oct/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.96 Oct/14 8.86 138.71 -4.01 percent [+]
United Kingdom 1.30 Oct/14 1.20 8.50 0.50 percent [+]
United States 1.70 Oct/14 1.70 23.70 -15.80 percent [+]