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India macro › CPI inflation › March 2022

CPI inflation, March 2022: 6.95%

India's consumer price inflation rose to 6.95% in March 2022 from 6.07% in February, the highest since October 2020. Food inflation was 7.47%, against 5.93% the month before. That is above the top of the RBI's 2–6% tolerance band. The repo rate was 4.00% at the end of the month, 2.95 points below inflation.

March 2022February 2022March 2021
CPI inflation6.95%6.07%5.52%
Food inflation7.47%5.93%5.24%
CPI inflation, food inflation and the repo rateApr 2019 – Oct 2026
−5%0%5%10%15%2020202120222023202420252026New CPI base (2024)6.95%
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.