Cost of food in India increased 5.15 percent year-on-year in June of 2021, the highest reading in 7 months. Biggest increases were seen in cost of oils and fats (34.78 percent), eggs (19.35 percent), non-alcoholic beverages (14.71 percent) and pulses (10 percent). source: Ministry of Statistics and Programme Implementation (MOSPI)
Food Inflation in India averaged 6.01 percent from 2012 until 2021, 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 August of 2021.
Food Inflation in India is expected to be 6.10 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 4.90 in 12 months time. In the long-term, the India Food Inflation is projected to trend around 5.30 percent in 2022 and 4.30 percent in 2023, according to our econometric models.