CPI inflation eases to 5.22% in December 2024
Food inflation (CFPI) at 8.39%; both lowest in four months.
Summary
India's year-on-year retail inflation based on the All India Consumer Price Index (CPI) was 5.22% (provisional) in December 2024, according to data released by the Ministry of Statistics and Programme Implementation on 13 January 2025. Rural and urban inflation were 5.76% and 4.58%. Food inflation based on the Consumer Food Price Index (CFPI) was 8.39%. Both headline and food inflation in December 2024 were the lowest in four months. Housing inflation, compiled for the urban sector only, was 2.71%. The CPI base year is 2012.
Key facts
- CPI inflation, Dec 2024
- 5.22% (provisional)
- Rural / Urban
- 5.76% / 4.58%
- CFPI (food)
- 8.39%
- Trend
- Lowest in four months
- Housing inflation
- 2.71% (urban only)
- Base
- 2012=100; released by MoSPI on 13 January 2025
Practice MCQs 2 questions
What was India's All India CPI (combined) inflation rate (provisional) for December 2024?
Show answer
Correct answer: C — 5.22%
PIB (MoSPI): CPI inflation was 5.22% in December 2024; 4.58% was urban and 8.39% food (CFPI).
Consider the following statements about CPI data for December 2024: 1. Rural inflation was higher than urban inflation. 2. The housing index is compiled for the urban sector only. 3. Food inflation (CFPI) was above 10%. Which of the statements given above are correct?
Show answer
Correct answer: A — 1 and 2 only
PIB: rural 5.76% vs urban 4.58%, and housing is urban-only; CFPI was 8.39%, so statement 3 is wrong.