kitegraph
API access is included on the Professional and Business plans

India inflation rate, 1960 to 2025

Consumer price inflation in India, annual percent change, from the World Bank. · updated Jul 2026

About this statistic

India inflation rate stood at 2.4% in 2025, down 2.6pp on the previous period.

Consumer prices in India rose 5 percent in 2024, after 5.6 percent in 2023. The window's extremes are 28.6 percent in 1974 and -7.6 percent in 1976.

How it is measured

The figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG): the annual percentage change in the consumer price index, as compiled by the national statistical office. A CPI tracks the cost of a fixed, weighted basket of goods and services meant to represent typical household consumption, so the inflation rate is the year-over-year change in what that basket costs. Basket contents and weights are national choices, which is one reason cross-country comparisons need care.

What the curve shows

Inflation compounds silently: at 7.3 percent a year, this window's average, prices double roughly every 10 years. The chart's spikes are the years households remember. The negative reading in 1976 is deflation: the basket got cheaper, which sounds pleasant and usually signals demand weak enough to worry central banks.

Frequently asked questions
Whose prices does the index track?
A representative household's. Statistical offices weight the basket from consumption surveys, so a person whose spending differs from the average, more rent, less transport, will experience a different personal inflation rate than the headline.
What does a negative figure mean?
Deflation: the basket cost less than a year earlier. Mild deflation can come from cheap imports or technology; broad deflation usually signals weak demand and is treated by central banks as a problem, not a win.
Other statistics on this topicAll Global development statistics →

Make this chart yours.

Open it in the editor with the data already loaded. Brand it, animate it, embed it.

India inflation rate — Kitegraph