India Inflation Rate

Last updated: 2024-03-06

Annual inflation

4.59%

YoY ending in Jan 2024

Monthly inflation

0.07%

January 2024

The graph above shows the annual inflation rates in India for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the India Inflation Calculator.

The current inflation rate in India is 4.59%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in January 2024.

In January 2024, the monthly inflation rate was 0.07.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 4.59
MoM 0.07
2023 YoY 6.16 6.16 5.79 5.09 4.42 5.57 7.54 6.91 4.72 4.45 4.98 4.91
MoM 0.38 -0.08 0.45 0.68 0.37 1.26 2.42 -0.36 -1.22 0.65 0.51 -0.22

Historical Annual Inflation Rates from 1958

The table below contains annual inflation rates in India from 1958. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 5.91%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1958 5.15 - -
1959 4.23 - -
1960 0.00 - -
1961 3.21 - -
1962 2.48 - -
1963 6.87 2.92 -
1964 17.01 4.59 -
1965 5.49 6.13 -
1966 13.94 7.96 -
1967 8.60 9.86 -
1968 -2.23 9.92 6.36
1969 3.54 7.08 5.83
1970 5.01 6.21 6.17
1971 4.89 4.68 6.31
1972 7.66 3.43 6.60
1973 23.81 6.04 7.96
1974 25.40 11.64 9.33
1975 -6.18 11.78 8.96
1976 0.00 9.35 6.99
1977 7.86 9.73 6.53
1978 1.51 6.88 6.46
1979 11.70 2.88 7.17
1980 9.09 3.95 7.79
1981 12.73 8.25 8.80
1982 8.05 8.16 8.94
1983 12.46 10.07 8.46
1984 5.19 10.49 6.62
1985 7.14 9.31 6.60
1986 9.21 8.45 8.35
1987 9.31 8.64 8.40
1988 8.79 8.15 9.10
1989 5.42 7.90 9.19
1990 13.71 8.59 8.95
1991 13.07 9.60 9.02
1992 8.00 10.19 9.41
1993 8.64 9.57 8.86
1994 9.47 10.21 9.05
1995 9.69 10.46 9.52
1996 10.41 9.50 9.55
1997 6.29 8.58 9.38
1998 15.32 9.95 9.76
1999 0.47 8.82 9.51
2000 3.48 7.56 9.00
2001 5.16 6.51 8.00
2002 3.20 5.94 7.25
2003 3.72 4.11 6.99
2004 3.78 3.93 6.35
2005 5.57 3.98 5.75
2006 6.53 4.38 5.44
2007 5.51 4.79 5.36
2008 9.70 5.69 4.90
2009 14.97 7.11 5.51
2010 9.47 8.65 6.29
2011 6.49 9.27 6.80
2012 11.17 9.87 7.30
2013 9.13 10.38 8.01
2014 5.86 9.47 8.28
2015 6.32 8.24 8.45
2016 2.23 7.45 8.36
2017 4.00 6.08 7.96
2018 5.24 4.90 7.60
2019 9.63 5.15 7.29
2020 3.69 5.09 6.66
2021 5.56 5.08 6.26
2022 5.50 5.77 5.92
2023 4.91 5.91 5.40

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