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India macro › CPI inflation › December 2021

CPI inflation, December 2021: 5.66%

India's consumer price inflation rose to 5.66% in December 2021 from 4.91% in November, the highest since June 2021. Food inflation was 4.47%, against 2.60% 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, 1.66 points below inflation.

December 2021November 2021December 2020
CPI inflation5.66%4.91%4.59%
Food inflation4.47%2.60%3.87%
CPI inflation, food inflation and the repo rateJan 2019 – Oct 2026
−5%0%5%10%15%2020202120222023202420252026New CPI base (2024)5.66%
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.