Cost of food in India increased 10.68 percent in September of 2020 over the same month in the previous year. It is the highest food inflation since February and ahead of the festival season. Prices of vegetables jumped 20.73 percent, meat and fish 17.6 percent and pulses 14.67 percent.
Food Inflation in India averaged 6.09 percent from 2012 until 2020, 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 October of 2020. source: Ministry of Statistics and Programme Implementation (MOSPI)
Food Inflation in India is expected to be 8.80 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 6.10 in 12 months time. In the long-term, the India Food Inflation is projected to trend around 5.30 percent in 2021 and 4.30 percent in 2022, according to our econometric models.