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India Annual Inflation Rate

India's annual inflation rate fell to 4.95% in 2024, down from 5.65% in 2023, according to World Bank. This represents a decrease of 0.7% from the previous year. India has annual inflation rate higher than the global median (4.95% vs median 3.16%). Compared with the median in Asia, India is higher (4.95% vs regional median 2.56%) and ranks 14th out of 44 countries in Asia.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 4.95%
2023 5.65%
2022 6.7%
2021 5.13%
2020 6.62%
2019 3.73%
2018 3.94%
2017 3.33%
2016 4.95%
2015 4.91%
2014 6.67%
2013 10.02%
2012 9.48%
2011 8.91%
2010 11.99%
2009 10.88%
2008 8.35%
2007 6.37%
2006 5.8%
2005 4.25%
2004 3.77%
2003 3.81%
2002 4.3%
2001 3.78%
2000 4.01%
1999 4.67%
1998 13.23%
1997 7.16%
1996 8.98%
1995 10.22%
1994 10.25%
1993 6.33%
1992 11.79%
1991 13.87%
1990 8.97%
1989 7.07%
1988 9.38%
1987 8.8%
1986 8.73%
1985 5.56%
1984 8.32%
1983 11.87%
1982 7.89%
1981 13.11%
1980 11.35%
1979 6.28%
1978 2.52%
1977 8.31%
1976 -7.63%
1975 5.75%
1974 28.6%
1973 16.94%
1972 6.44%
1971 3.08%
1970 5.09%
1969 -0.58%
1968 3.24%
1967 13.06%
1966 10.8%
1965 9.47%
1964 13.36%
1963 2.95%
1962 3.63%
1961 1.7%
1960 1.78%
India Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in India.
Indicator Last Value Prior Value Period
Inflation Rate 1.5% 2.1% Sep'25
Inflation Rate MoM 0.1% 0.5% Sep'25
Wholesale Price Index 0.1% 0.5% Sep'25