The transportation sub-index of the CPI basket in India decreased to 123.40 Index Points in January of 2019 from 123.60 Index Points in December of 2018. CPI Transportation in India averaged 114 Index Points from 2013 until 2019, reaching an all time high of 126.90 Index Points in October of 2018 and a record low of 103.20 Index Points in January of 2013.
CPI Transportation in India is expected to be 124.87 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in India to stand at 130.77 in 12 months time. In the long-term, the India CPI Transport and Communication is projected to trend around 144.59 Index Points in 2020, according to our econometric models.