India inflation rates since 1970
The statistic shows the inflation rate in India from 1984 to 2018, with projections up until 2024. The inflation rate is calculated using the price increase of a defined product basket. Historically, from 1969 until 2013, the inflation rate in India averaged 7.7% reaching an all-time high of 34.7% in october 1974 and a record low of -11.3% in May 1976. The inflation rate for Primary Articles is currently at 9.8% (as of 2012). India has been a moderate inflation country in aggregate, In the preceding six decades since 1950-51 average annual inflation rate based on the wholesale p rice index (WPI) increased at a rate of