Inflation in India (CPI) Current and historic Indian inflation (consumer price index)

This page shows the current and historic inflation figures for India based on the consumer price index (CPI).

Latest inflation rates from all over the world

CPI India (yearly basis)
Month
Inflation rate
September 2024
4.22 %
August 2024
2.44 %
July 2024
2.15 %
June 2024
3.67 %
May 2024
3.86 %
April 2024
3.87 %
March 2024
4.20 %
February 2024
4.90 %
January 2024
4.59 %
December 2023
4.91 %
November 2023
4.98 %
October 2023
4.45 %
CPI India (monthly basis)
Month
Inflation rate
September 2024
0.49 %
August 2024
-0.07 %
July 2024
0.92 %
June 2024
1.07 %
May 2024
0.36 %
April 2024
0.36 %
March 2024
-0.22 %
February 2024
0.22 %
January 2024
0.07 %
December 2023
-0.22 %
November 2023
0.51 %
October 2023
0.65 %

Chart - historical CPI inflation India

Historical Inflation rates

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What is the Indian inflation based on CPI?

When we talk about the rate of inflation in India, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The Indian CPI shows the change in prices of a standard package of goods and services which Indian households purchase for consumption.

In order to measure Indian inflation, an assessment is made of how much the Indian CPI has risen in percentage terms over a give period compared to the CPI in India in a preceding period. If prices have fallen this is called deflation (negative inflation).