South Asia
India Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
5.0%
As of 2024
YoY Change
-12.3%
2023 → 2024
Record High
28.6%
Recorded in 1974
Record Low
-7.6%
Recorded in 1976
10-Year Average
5.0%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
India's inflation rate stands at 4.95%, indicating a moderate level of price growth. This rate is within the Reserve Bank of India's target range of 2-6%, suggesting a stable economic environment. The inflation rate is influenced by various factors, including food prices, fuel costs, and global economic trends.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 5.0% | 0.7% | -12.3% |
| 2023 | 5.6% | 1.0% | -15.7% |
| 2022 | 6.7% | 1.6% | +30.5% |
| 2021 | 5.1% | 1.5% | -22.5% |
| 2020 | 6.6% | 2.9% | +77.6% |
| 2019 | 3.7% | 0.2% | -5.3% |
| 2018 | 3.9% | 0.6% | +18.3% |
| 2017 | 3.3% | 1.6% | -32.7% |
| 2016 | 4.9% | 0.0% | +0.8% |
| 2015 | 4.9% | 1.8% | -26.4% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
South Asia · Inflation
Similar Rankings
Global · Inflation
