What is the average inflation rate in India for last 10 years?

India inflation rate for 2018 was 4.86%, a 2.37% increase from 2017. India inflation rate for 2017 was 2.49%, a 2.45% decline from 2016. India inflation rate for 2016 was 4.94%, a 0.93% decline from 2015. India inflation rate for 2015 was 5.87%, a 0.48% decline from 2014.

Considering this, what is the average inflation rate in India?

Inflation rate in India from 1984 to 2024 (compared to the previous year)Inflation rate compared to previous year2021*4.07%2020*4.09%2019*3.44%20183.43%

Subsequently, question is, what will be the inflation rate in India in 2030?

According to the IMF’s forecast, consumer price inflation (CPI) in India will grow to 4.1 percent in 2020, 0.7 percentage points up from an average of 3.4 percent in 2019. In the next 4 years, the inflation rate is expected to stabilize at around 4 percent.

Why is India’s inflation so high?

The supply side inflation is a key ingredient for the rising inflation in India. The agricultural scarcity or the damage in transit creates a scarcity causing high inflationary pressures. Further, the global level impacts of price rise often impacts inflation from the supply side of the economy.

How can India beat inflation?

Let us look at 4 best investment options for Mr. Patel and all of us to beat inflation in India –

  • Real Estate. One of the most popular option to multiply our wealth is to invest in Real estate.
  • Equity Shares/ Mutual Fund –
  • Secured Government Investments –
  • Commodity –
  • Originally posted 2022-03-31 05:40:31.