India Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- India inflation rate for 2023 was 5.65%, a 1.05% decline from 2022.
- India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021.
- India inflation rate for 2021 was 5.13%, a 1.49% decline from 2020.
- India inflation rate for 2020 was 6.62%, a 2.89% increase from 2019.
| India Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
5.65% |
-1.05% |
| 2022 |
6.70% |
1.57% |
| 2021 |
5.13% |
-1.49% |
| 2020 |
6.62% |
2.89% |
| 2019 |
3.73% |
-0.21% |
| 2018 |
3.94% |
0.61% |
| 2017 |
3.33% |
-1.62% |
| 2016 |
4.95% |
0.04% |
| 2015 |
4.91% |
-1.76% |
| 2014 |
6.67% |
-3.35% |
| 2013 |
10.02% |
0.54% |
| 2012 |
9.48% |
0.57% |
| 2011 |
8.91% |
-3.08% |
| 2010 |
11.99% |
1.11% |
| 2009 |
10.88% |
2.53% |
| 2008 |
8.35% |
1.98% |
| 2007 |
6.37% |
0.58% |
| 2006 |
5.80% |
1.55% |
| 2005 |
4.25% |
0.48% |
| 2004 |
3.77% |
-0.04% |
| 2003 |
3.81% |
-0.49% |
| 2002 |
4.30% |
0.52% |
| 2001 |
3.78% |
-0.23% |
| 2000 |
4.01% |
-0.66% |
| 1999 |
4.67% |
-8.56% |
| 1998 |
13.23% |
6.07% |
| 1997 |
7.16% |
-1.81% |
| 1996 |
8.98% |
-1.25% |
| 1995 |
10.22% |
-0.02% |
| 1994 |
10.25% |
3.92% |
| 1993 |
6.33% |
-5.46% |
| 1992 |
11.79% |
-2.08% |
| 1991 |
13.87% |
4.90% |
| 1990 |
8.97% |
1.90% |
| 1989 |
7.07% |
-2.31% |
| 1988 |
9.38% |
0.58% |
| 1987 |
8.80% |
0.07% |
| 1986 |
8.73% |
3.17% |
| 1985 |
5.56% |
-2.76% |
| 1984 |
8.32% |
-3.55% |
| 1983 |
11.87% |
3.98% |
| 1982 |
7.89% |
-5.22% |
| 1981 |
13.11% |
1.77% |
| 1980 |
11.35% |
5.07% |
| 1979 |
6.28% |
3.75% |
| 1978 |
2.52% |
-5.78% |
| 1977 |
8.31% |
15.94% |
| 1976 |
-7.63% |
-13.38% |
| 1975 |
5.75% |
-22.85% |
| 1974 |
28.60% |
11.66% |
| 1973 |
16.94% |
10.50% |
| 1972 |
6.44% |
3.36% |
| 1971 |
3.08% |
-2.01% |
| 1970 |
5.09% |
5.68% |
| 1969 |
-0.58% |
-3.82% |
| 1968 |
3.24% |
-9.82% |
| 1967 |
13.06% |
2.26% |
| 1966 |
10.80% |
1.33% |
| 1965 |
9.47% |
-3.88% |
| 1964 |
13.36% |
10.41% |
| 1963 |
2.95% |
-0.69% |
| 1962 |
3.63% |
1.94% |
| 1961 |
1.70% |
-0.08% |
| 1960 |
1.78% |
-0.08% |
