2. inflation is a general increase in the
prices of goods and services in an
economy. When the general price level
rises, each unit of currency buys fewer
goods and services; consequently,
inflation corresponds to a reduction in the
purchasing power of money.
3. The current inflation rate in India
is 5.35%, which is calculated based on
CPI (Consumer Price Index) values for
the last 12 months ending in March 2022.
Read more Historical Annual Inflation
Rates from 1958 The table below
contains annual inflation rates in India
from 1958.
4. Inflation or persistently rising prices is a
major problem in India today. When price
level rises due to inflation the value of
money falls. When there is a persistent
rise in price level, the people need more
and more money to buy goods and
services.
5. In 2020, the inflation rate in India was
around 6.2 percent compared to the
previous year. See figures on India's
economic growth for additional
information. India's inflation rate and
economy
