Inflation Rate In India 2024 Chart. India inflation rate for 2020 was 6.62%, a 2.89% increase from 2019. India inflation rate for 2021 was 5.13%, a 1.49% decline from 2020.
In other words, the purchasing power of ₹100 in 1957 equals ₹9,851.78 in 2023. That was the lowest reading since.