India Inflation Rate  2012-2017 | Data | Chart | Calendar | Forecast

Consumer prices in India increased 2.99 percent year-on-year in April of 2017, following a 3.81 percent rise in March and well below market expectations of 3.5 percent. It is the lowest inflation rate since the series began in 2012, driven by a slowdown in food prices. Inflation Rate in India averaged 7.13 percent from 2012 until 2017, reaching an all time high of 12.17 percent in November of 2013 and a record low of 2.99 percent in April of 2017.

India Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-14 12:00 PM Feb 3.65% 3.17% 3.58% 3.5%
2017-04-12 12:00 PM Mar 3.81% 3.65% 3.98% 3.9%
2017-05-12 12:00 PM Apr 2.99% 3.89% 3.5% 3.8%
2017-06-12 12:00 PM May 2.99% 4.2%
2017-07-12 12:00 PM Jun 4.2%
2017-08-14 12:00 PM Jul 4.1%




India Inflation Rate Falls To Record Low Of 2.99%


Consumer prices in India increased 2.99 percent year-on-year in April of 2017, following a 3.81 percent rise in March and well below market expectations of 3.5 percent. It is the lowest inflation rate since the series began in 2012, driven by a slowdown in food prices.

Year-on-year, cost of food and beverages rose 1.21 percent (2.54 percent in March), provisional estimates showed. The food index alone rose 0.31 percent compared to 1.93 percent in the previous month. Prices increased less for sugar (11.37 percent from 17.05 percent in March); meat and fish (1.9 percent from 2.96 percent) and fruits (3.78 percent from 9.35 percent) and fell more for pulses (-15.94 percent from -12.4 percent) and vegetables (-8.59 percent -7.24 percent).

Also, consumer prices rose at a slower pace for clothing and footwear (4.58 percent from 4.6 percent) and housing (4.86 percent from 4.96 percent). In contrast, inflation increased for fuel and light (6.13 percent from 5.56 percent).

The corresponding provisional inflation rates for rural and urban areas are 3.02 percent and 3.03 percent (3.75 percent and 3.88 percent respectively in March).

Yekaterina Guchshina | yekaterina@tradingeconomics.com
5/12/2017 12:40:03 PM



India Prices Last Previous Highest Lowest Unit
Inflation Rate 2.99 3.81 12.17 2.99 percent [+]
Consumer Price Index CPI 131.10 130.80 131.40 86.81 Index Points [+]
GDP Deflator 125.40 119.50 146.50 100.00 Index Points [+]
Producer Prices 113.20 113.40 117.20 62.44 Index Points [+]
Producer Prices Change 3.85 5.30 34.68 -11.31 percent [+]
Export Prices 300.00 312.00 312.00 100.00 Index Points [+]
Import Prices 518.00 518.00 518.00 100.00 Index Points [+]
Food Inflation 0.31 1.93 14.72 0.31 percent [+]
Cpi Transportation 116.60 117.60 117.60 103.20 Index Points [+]
Inflation Rate Mom 0.15 0.15 1.77 -1.00 percent [+]


India Inflation Rate Notes

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). Housing accounts for 10 percent; Transport and communication for 8.6 percent; Fuel and light for 6.84 percent; Clothing and footwear for 6.5 percent; Medical care for 5.9 percent and education for 4.5 percent. Consumer price changes in India can be very volatile due to dependence on energy imports, the uncertain impact of monsoon rains on its large farm sector, difficulties transporting food items to market because of its poor roads and infrastructure and high fiscal deficit. This page provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.99 3.81 12.17 2.99 2012 - 2017 percent Monthly
2012=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 4.08 Apr/17
Canada 1.60 Apr/17
China 1.20 Apr/17
Euro Area 1.90 Apr/17
France 1.20 Apr/17
Germany 2.00 Apr/17
India 2.99 Apr/17
Indonesia 4.17 Apr/17
Italy 1.90 Apr/17
Japan 0.40 Apr/17
Mexico 5.82 Apr/17
Netherlands 1.60 Apr/17
Russia 4.10 Apr/17
South Korea 1.90 Apr/17
Spain 1.90 May/17
Switzerland 0.40 Apr/17
Turkey 11.87 Apr/17
United Kingdom 2.70 Apr/17
United States 2.20 Apr/17