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India macro › CPI inflation › March 2020

CPI inflation, March 2020: 5.84%

India's consumer price inflation eased to 5.84% in March 2020 from 6.58% in February, the lowest since November 2019. Food inflation was 7.82%, against 9.45% the month before. That is inside the RBI's 2–6% tolerance band, above its 4% target. The repo rate was 4.40% at the end of the month, 1.44 points below inflation.

March 2020February 2020March 2019
CPI inflation5.84%6.58%2.86%
Food inflation7.82%9.45%0.66%
CPI inflation, food inflation and the repo rateApr 2017 – Oct 2026
−5%0%5%10%15%201820192020202120222023202420252026New CPI base (2024)5.84%
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.