Cost of food in India increased 11.07 percent in October of 2020 over the same month in the previous year. It is the highest food inflation since January and ahead of the festival season. Prices of vegetables jumped 22.51 percent, egg 21.81 percent, meat and fish 18.7 percent and pulses 18.34 percent. source: Ministry of Statistics and Programme Implementation (MOSPI)
Food Inflation in India averaged 6.13 percent from 2012 until 2020, reaching an all time high of 14.72 percent in November of 2013 and a record low of -2.65 percent in December of 2018. This page provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Food Inflation - values, historical data and charts - was last updated on November of 2020.
Food Inflation in India is expected to be 8.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in India to stand at 6.10 in 12 months time. In the long-term, the India Food Inflation is projected to trend around 5.30 percent in 2021 and 4.30 percent in 2022, according to our econometric models.