Current Inflation Rate in India 2020 | Forecast, Data and Charts

According to the IMF's forecast, consumer price inflation (CPI) in India will grow to 4.1 percent in 2020, 0.7 percentage points up from an average of 3.4 percent in 2019. In the next 4 years, the inflation rate is expected to stabilize at around 4 percent.

OECD gives more a bullish prediction according to which CPI inflation in India will grow to 3.9 percent in 2020 and 4.2 percent in 2021.

The GDP deflator, which is an alternative measure of inflation, is projected to decrease to 3.6 percent in 2020-2021 years from 4.3 percent in 2019. In the long run, inflation measured as GDP deflator is expected to approach 4 percent.

The GDP deflator is a more broad measure of inflation as it includes government expenditure and investment in addition to the consumer spending captured by CPI.

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