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India macro › CPI inflation › March 2021

CPI inflation, March 2021: 5.52%

India's consumer price inflation rose to 5.52% in March 2021 from 5.03% in February, the highest since November 2020. Food inflation was 5.24%, against 4.25% 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, 1.52 points below inflation.

March 2021February 2021March 2020
CPI inflation5.52%5.03%5.84%
Food inflation5.24%4.25%7.82%
CPI inflation, food inflation and the repo rateApr 2018 – Oct 2026
−5%0%5%10%15%20192020202120222023202420252026New CPI base (2024)5.52%
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.