India’s inflation rate in January, based on the Consumer Price Index with the new 2024 base year, is 2.75%, as per official data from the Ministry of Statistics. Food inflation for the month stood at 2.13%. Prices of vegetables like potatoes, onions, and garlic dropped, while pulses such as arhar and tur saw declines, except for tomatoes which increased in price. Housing inflation was recorded at 2.05%.
The data revealed significant spikes in the inflation rates for silver jewelry at 159.67% and gold jewelry at 46.77%. In December 2025, India’s CPI inflation was 1.33%, slightly up from November’s 0.71%, both based on the old 2012 base year. The Consumer Price Index base has now shifted to 2024 using the Household Consumption Expenditure Survey 2023-24.
The Ministry of Statistics and Programme Implementation introduced the Consumer Price Index with Base 2024=100, reflecting the Household Consumption Expenditure Survey 2023-24. This revision aims to enhance the coverage and accuracy of the inflation measure, providing more detailed data for informed decision-making by policymakers, financial institutions, businesses, and citizens. The new data structure includes two Divisions instead of six Groups based on COICOP 2018.
New additions in the data encompass rural housing, online media service providers/streaming services, value-added dairy products, barley and its products, pen-drives, external hard disks, attendants, babysitters, and exercise equipment. Items like VCR/VCD/DVD players, radios, tape recorders, second-hand clothing, CD/DVD audio/video cassettes, and coir/rope have been removed from the index.
