In 2017, inflation rate (GDP deflator) for India was 3.1 %. Though India inflation rate (GDP deflator) fluctuated substantially in recent years, it tended to decrease through 1968 - 2017 period ending at 3.1 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.