Economic Outlook No 117 — Headline inflation in India

India: Economic Outlook No 117 — Headline inflation was 4.04 in 2026. ▼ Falling

Latest (2026)
4.04
Change on year
down 2.4%
World rank
5th
of 28 countries
All-time high
13.4
in 1991
All-time low
3.38
in 1999
Years of data
37
1990–2026

Economic Outlook No 117 — Headline inflation in India, 1990–2026

2.557.51012.51990200820261990: 10.91991: 13.41992: 9.71993: 7.61994: 101995: 101996: 9.61997: 6.81998: 13.31999: 3.42000: 3.62001: 4.52002: 52003: 4.12004: 42005: 3.72006: 6.82007: 5.92008: 9.22009: 10.62010: 9.52011: 9.32012: 9.92013: 9.42014: 5.92015: 4.92016: 4.52017: 3.62018: 3.42019: 4.82020: 6.22021: 5.52022: 6.72023: 5.42024: 4.62025: 4.12026: 4

Source: Organisation for Economic Co-operation and Development.

Analysis

India recorded 4.04 for economic outlook no 117 — headline inflation in 2026.

Compared with earlier readings it is down 2.4% on the previous year and down 10.6% over ten years.

Over the whole period, economic outlook no 117 — headline inflation in India peaked at 13.4 in 1991 and was at its lowest, 3.38, in 1999.

That places India 5th out of 28 countries with data for 2026, putting it in the top quarter.

The long-run direction has been consistently falling across the 37 years of available data.

Economic Outlook No 117 — Headline inflation in India, year by year

Annual values for Economic Outlook No 117 — Headline inflation in India, 1990 to 2026.
Year Value Change
1990 10.87
1991 13.4 +23.3%
1992 9.7 -27.6%
1993 7.55 -22.1%
1994 10 +32.3%
1995 10.04 +0.4%
1996 9.64 -4.0%
1997 6.77 -29.7%
1998 13.26 +95.7%
1999 3.38 -74.5%
2000 3.63 +7.2%
2001 4.53 +24.8%
2002 5.01 +10.7%
2003 4.11 -18.0%
2004 3.97 -3.4%
2005 3.67 -7.5%
2006 6.75 +84.1%
2007 5.93 -12.2%
2008 9.19 +55.0%
2009 10.62 +15.5%
2010 9.51 -10.4%
2011 9.25 -2.7%
2012 9.91 +7.0%
2013 9.43 -4.8%
2014 5.93 -37.1%
2015 4.9 -17.3%
2016 4.52 -7.8%
2017 3.58 -20.7%
2018 3.42 -4.6%
2019 4.78 +39.6%
2020 6.16 +29.1%
2021 5.51 -10.6%
2022 6.65 +20.7%
2023 5.36 -19.5%
2024 4.62 -13.7%
2025 4.14 -10.4%
2026 4.04 -2.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.46 3.38 13.4 10
2000s 5.74 3.63 10.62 10
2010s 6.52 3.42 9.91 10
2020s 5.21 4.04 6.65 7

Countries ranked near India

  1. 2 Russian Federation 6.09 compare
  2. 3 Brazil 4.98 compare
  3. 4 South Africa 4.23 compare
  4. 6 Colombia 3.99 compare
  5. 7 Hungary 3.62 compare
  6. 8 Romania 3.36 compare

See the full ranking of 31 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is economic outlook no 117 — headline inflation in India?
Economic outlook no 117 — headline inflation in India was 4.04 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — headline inflation recorded in India?
The highest recorded value was 13.4 in 1991.
What is the lowest economic outlook no 117 — headline inflation recorded in India?
The lowest recorded value was 3.38 in 1999.
How does India rank for economic outlook no 117 — headline inflation?
India ranks 5th out of 28 countries with data for 2026.
Is economic outlook no 117 — headline inflation rising or falling in India?
Over the last ten years it is down 10.6%. The long-run trend across the full record is falling.
Where does this India data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Headline inflation. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Headline inflation in India. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-headline-inflation/india/

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About this data

Indicator
Economic Outlook No 117 — Headline inflation
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
31 places, 1,549 data points, 1961–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP