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India macro › CPI inflation › December 2022

CPI inflation, December 2022: 5.72%

India's consumer price inflation eased to 5.72% in December 2022 from 5.88% in November, the lowest since December 2021. Food inflation was 4.58%, against 5.07% the month before. That is inside the RBI's 2–6% tolerance band, above its 4% target. The repo rate was 6.25% at the end of the month, 0.53 points above inflation.

December 2022November 2022December 2021
CPI inflation5.72%5.88%5.66%
Food inflation4.58%5.07%4.47%
CPI inflation, food inflation and the repo rateJan 2020 – Oct 2026
−5%0%5%10%15%202120222023202420252026New CPI base (2024)5.72%
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.