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India macro › CPI inflation › December 2020

CPI inflation, December 2020: 4.59%

India's consumer price inflation eased to 4.59% in December 2020 from 6.93% in November, the lowest since September 2019. Food inflation was 3.87%, against 8.89% the month before. That is inside the RBI's 2–6% tolerance band, above its 4% target. The repo rate was 4.00% at the end of the month, 0.59 points below inflation.

December 2020November 2020December 2019
CPI inflation4.59%6.93%7.35%
Food inflation3.87%8.89%12.16%
CPI inflation, food inflation and the repo rateJan 2018 – Oct 2026
−5%0%5%10%15%20192020202120222023202420252026New CPI base (2024)4.59%
Year-on-year inflation for All India, rural and urban combined. The CPI moved to a 2024 base in January 2026, so the figures either side of the dashed line come from different series.

Source: Ministry of Statistics and Programme Implementation (MoSPI). MoSPI revises earlier periods as fuller data arrives; this page shows the latest published figure. The latest figures for every indicator are on the India macro dashboard.