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India macro › CPI inflation › October 2024

CPI inflation, October 2024: 6.21%

India's consumer price inflation rose to 6.21% in October 2024 from 5.49% in September, the highest since August 2023. Food inflation was 9.69%, against 8.36% the month before. That is above the top of the RBI's 2–6% tolerance band. The repo rate was 6.50% at the end of the month, 0.29 points above inflation.

October 2024September 2024October 2023
CPI inflation6.21%5.49%4.87%
Food inflation9.69%8.36%6.29%
CPI inflation, food inflation and the repo rateNov 2021 – Oct 2026
−5%0%5%10%15%20222023202420252026New CPI base (2024)6.21%
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.