India Inflation February 2023

India: Inflation eases slightly in February

Inflation declined slightly to 6.4% in February from January’s 6.5%. February’s result was slightly above market expectations.

The trend increased, with annual average inflation in February coming in at 6.8% as compared to January’s 6.7%.

Lastly, consumer prices increased 0.17% month-on-month in February, compared with the 0.46% mom rise recorded in January.

Looking ahead, our panelists expect inflation to continue declining this year on a tougher base effect, weakening economic activity and cooling commodity prices. Key factors to watch include this season’s wheat crop, monetary policy, currency fluctuations, the Russia-Ukraine grain deal and changes in export controls for key agricultural commodities.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest