Consumer Price Index CPI in India increased to 154.70 points in August from 153.90 points in July of 2020.
Consumer Price Index CPI in India averaged 122.78 points from 2011 until 2020, reaching an all time high of 154.70 points in August of 2020 and a record low of 86.81 points in February of 2011. This page provides - India Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Consumer Price Index (CPI) - values, historical data and charts - was last updated on September of 2020. source: Ministry of Statistics and Programme Implementation (MOSPI)
Consumer Price Index CPI in India is expected to be 155.71 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in India to stand at 157.87 in 12 months time. In the long-term, the India Consumer Price Index (CPI) is projected to trend around 166.91 points in 2021 and 173.76 points in 2022, according to our econometric models.
India Consumer Price Index (CPI)
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), of which Cereals and products (9.67 percent), Milk and products (6.61 percent), Vegetables (6.04 percent), Prepared meals, snacks, sweets, etc. (5.55 percent), Meat and fish (3.61 percent), and Oils and fats (3.56 percent). Miscellaneous accounts for 28.32 percent, of which Transport and communication (8.59 percent), health (5.89 percent), and education (4.46 percent). Housing accounts for 10.07 percent; Fuel and light for 6.84 percent; Clothing and footwear for 6.53 percent; and Pan, tobacco and intoxicants for 2.38 percent.