The Consumer Price Index in India increased 1.21 percent in December of 2019 over the previous month, the highest rate since July of 2017. Inflation Rate Mom in India averaged 0.51 percent from 2011 until 2019, reaching an all time high of 2.25 percent in June of 2013 and a record low of -1.55 percent in December of 2013. source: Ministry of Statistics and Programme Implementation (MOSPI)
Inflation Rate Mom in India is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in India to stand at 0.32 in 12 months time. In the long-term, the India Inflation Rate MoM is projected to trend around 0.32 percent in 2020, according to our econometric models.