Retail Inflation eases to 4.85 per cent in March, 2024

2025-04-12 Information

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of March 2024 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released.

The price data are collected from selected 1114 urban markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of March 2024, NSO collected prices from 99.8% villages and 98.5% urban markets while the market-wise prices reported therein were 89.6% for rural and 93.2% for urban.

All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e. March 2024 over March 2023), based on General Indices and CFPIs are given as follows:

All India year-on-year inflation rates (%) based on CPI (General) and CFPI: March 2024 over March 2023

Mar. 2024 (Prov.)

Feb. 2024 (Final)

Mar. 2023

Rural

Urban

Combd.

Rural

Urban

Combd.

Rural

Urban

Combd.

Inflation

CPI (General)

5.45

4.14

4.85

5.34

4.78

5.09

5.51

5.89

5.66

CFPI

8.61

8.35

8.52

8.27

9.19

8.66

4.72

4.82

4.79

Index

CPI (General)

187.7

183.6

185.8

187.4

184.0

185.8

178.0

176.3

177.2

CFPI

187.9

193.3

189.8

187.2

193.7

189.5

173.0

178.4

174.9

Notes: Prov. – Provisional, Combd. – Combined

Monthly changes in the General Indices and CFPIs are given below:

Monthly changes (%) in All India CPI (General) and CFPI: March 2024 over February 2024

Indices

Mar. 2024 (Prov.)

Feb. 2024 (Final)

Monthly change (%)

Rural

Urban

Combd.

Rural

Urban

Combd.

Rural

Urban

Combd.

CPI (General)

187.7

183.6

185.8

187.4

184.0

185.8

0.16

-0.22

0.00

CFPI

187.9

193.3

189.8

187.2

193.7

189.5

0.37

-0.21

0.16

Note: Figures of March 2024 are provisional.

Next date of release for April 2024 CPI is 13^th May 2024 (Monday). For more details please visit the website www.mospi.gov.in

List of Annex

Annex

Title

All-India General, Group and Sub-group level CPI and CFPI numbers for February 2024 (Final) and March 2024 (Provisional) for Rural, Urban and Combined

All-India inflation rates (%) for General, Group and Sub-group level CPI and CFPI numbers for March 2024 (Provisional) for Rural, Urban and Combined

III

General CPI for States for Rural, Urban and Combined for February 2024 (Final) and March 2024 (Provisional)

Year-on-year inflation rates (%) of major States for Rural, Urban and Combined for March 2024 (Provisional)

Annex I

All-India General, Group and Sub-group level CPI and CFPI numbers for February 2024 (Final) and March 2024 (Provisional) for Rural, Urban and Combined

(Base: 2012=100)

Group Code

Sub-group Code

Description

Rural

Urban

Combined

Weights

Feb. 24 Index
(Final)

Mar. 24 Index
(Prov.)

Weights

Feb. 24 Index
(Final)

Mar. 24 Index
(Prov.)

Weights

Feb. 24 Index
(Final)

Mar. 24 Index
(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

1.1.01

Cereals and products

12.35

188.6

189.3

6.59

188.3

188.5

9.67

188.5

189.0

1.1.02

Meat and fish

4.38

214.8

217.8

2.73

223.9

226.7

3.61

218.0

220.9

1.1.03

Egg

0.49

201.7

192.8

0.36

204.7

194.2

0.43

202.9

193.3

1.1.04

Milk and products

7.72

182.9

183.2

5.33

183.2

183.6

6.61

183.0

183.3

1.1.05

Oils and fats

4.21

160.2

2.81

155.1

154.7

3.56

158.3

158.2

1.1.06

Fruits

2.88

169.2

172.9

2.90

174.0

176.7

2.89

171.4

174.7

1.1.07

Vegetables

7.46

179.8

182.6

4.41

226.1

222.3

6.04

195.5

196.1

1.1.08

Pulses and products

2.95

200.8

199.6

1.73

206.0

204.9

2.38

202.6

201.4

1.1.09

Sugar and Confectionery

1.70

128.7

128.0

0.97

130.7

130.1

1.36

129.4

128.7

1.1.10

Spices

3.11

240.7

236.3

1.79

232.0

228.2

2.50

237.8

233.6

1.2.11

Non-alcoholic beverages

1.37

182.2

182.1

1.13

169.9

170.2

1.26

177.1

1.1.12

Prepared meals, snacks, sweets etc.

5.56

195.4

195.9

5.54

204.0

204.6

5.55

199.4

199.9

Food and beverages

54.18

187.8

188.5

36.29

194.6

194.3

45.86

190.3

190.6

Pan, tobacco and intoxicants

3.26

203.7

204.0

1.36

209.5

210.1

2.38

205.2

205.6

3.1.01

Clothing

6.32

195.4

195.8

4.72

185.5

185.8

5.58

191.5

191.9

3.1.02

Footwear

1.04

190.9

191.1

0.85

172.0

172.3

0.95

183.0

183.3

Clothing and footwear

7.36

194.8

195.1

5.57

183.4

183.8

6.53

190.3

190.6

Housing

–

21.67

178.5

178.3

10.07

178.5

178.3

Fuel and light

7.94

183.8

181.1

5.58

175.6

167.7

6.84

180.7

176.0

6.1.01

Household goods and services

3.75

183.3

3.87

173.3

173.9

3.80

178.6

178.9

6.1.02

Health

6.83

193.8

194.3

4.81

188.3

189.2

5.89

191.7

192.4

6.1.03

Transport and communication

7.60

172.2

172.0

9.73

162.3

161.9

8.59

167.0

166.7

6.1.04

Recreation and amusement

1.37

177.4

177.8

2.04

172.5

172.8

1.68

174.6

175.0

6.1.05

Education

3.46

186.0

186.1

5.62

180.9

181.2

4.46

183.0

183.2

6.1.06

Personal care and effects

4.25

188.8

191.3

3.47

190.1

192.7

3.89

189.3

191.9

Miscellaneous

27.26

183.8

184.2

29.53

175.5

176.0

28.32

179.8

180.2

General Index (All Groups)

100.00

187.4

187.7

100.00

184.0

183.6

100.00

185.8

Consumer Food Price Index (CFPI)

47.25

187.2

187.9

29.62

193.7

193.3

39.06

189.5

189.8

Notes:

Annex II

All-India year-on-year inflation rates (%) for General, Group and Sub-group level CPI and CFPI numbers for March 2024 (Provisional) for Rural, Urban and Combined

(Base: 2012=100)

Group Code

Sub-group Code

Description

Rural

Urban

Combined

Mar. 23 Index
(Final)

Mar. 24

Index
(Prov.)

Inflation Rate
(%)

Mar. 23 Index
(Final)

Mar. 24

Index
(Prov.)

Inflation Rate
(%)

Mar. 23 Index
(Final)

Mar. 24

Index
(Prov.)

Inflation Rate
(%)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

1.1.01

Cereals and products

174.3

189.3

8.61

174.7

188.5

7.90

174.4

189.0

8.37

1.1.02

Meat and fish

205.2

217.8

6.14

212.2

226.7

6.83

207.7

220.9

6.36

1.1.03

Egg

173.9

192.8

10.87

177.2

194.2

9.59

175.2

193.3

10.33

1.1.04

Milk and products

177.0

183.2

3.50

177.9

183.6

3.20

177.3

183.3

3.38

1.1.05

Oils and fats

183.3

160.2

-12.60

172.2

154.7

-10.16

179.2

158.2

-11.72

1.1.06

Fruits

167.2

172.9

3.41

172.1

176.7

2.67

169.5

174.7

3.07

1.1.07

Vegetables

140.9

182.6

29.60

175.9

222.3

26.38

152.8

196.1

28.34

1.1.08

Pulses and products

170.5

199.6

17.07

172.2

204.9

18.99

171.1

201.4

17.71

1.1.09

Sugar and Confectionery

119.1

128.0

7.47

121.9

130.1

6.73

120.0

128.7

7.25

1.1.10

Spices

212.1

236.3

11.41

204.8

228.2

11.43

209.7

233.6

11.40

1.2.11

Non-alcoholic beverages

177.6

182.1

2.53

164.9

170.2

3.21

172.3

177.1

2.79

1.1.12

Prepared meals, snacks, sweets etc.

189.9

195.9

3.16

196.6

204.6

4.07

193.0

199.9

3.58

Food and beverages

174.8

188.5

7.84

180.8

194.3

7.47

177.0

190.6

7.68

Pan, tobacco and intoxicants

198.4

204.0

2.82

202.7

210.1

3.65

199.5

205.6

3.06

3.1.01

Clothing

190.0

195.8

3.05

180.2

185.8

3.11

186.1

191.9

3.12

3.1.02

Footwear

187.0

191.1

2.19

167.0

172.3

3.17

178.7

183.3

2.57

Clothing and footwear

189.6

195.1

2.90

178.2

183.8

3.14

185.1

190.6

2.97

Housing

–

173.5

178.3

2.77

173.5

178.3

2.77

Fuel and light

181.4

181.1

-0.17

182.6

167.7

-8.16

181.9

176.0

-3.24

6.1.01

Household goods and services

178.6

183.3

2.63

169.2

173.9

2.78

174.2

178.9

2.70

6.1.02

Health

186.6

194.3

4.13

180.8

189.2

4.65

184.4

192.4

4.34

6.1.03

Transport and communication

169.0

172.0

1.78

159.8

161.9

1.31

164.2

166.7

1.52

6.1.04

Recreation and amusement

172.8

177.8

2.89

168.4

172.8

2.61

170.3

175.0

2.76

6.1.05

Education

178.5

186.1

4.26

172.5

181.2

5.04

175.0

183.2

4.69

6.1.06

Personal care and effects

180.7

191.3

5.87

181.5

192.7

6.17

181.0

191.9

6.02

Miscellaneous

177.9

184.2

3.54

170.0

176.0

3.53

174.1

180.2

3.50

General Index (All Groups)

178.0

187.7

5.45

176.3

183.6

4.14

177.2

185.8

4.85

Notes:

Annex III

General CPI for States for Rural, Urban and Combined for February 2024 (Final) and March 2024 (Provisional)

(Base: 2012=100)

Sl. No.

Name of the State/UT

Rural

Urban

Combined

Weights

Feb. 24 Index
(Final)

Mar. 24 Index
(Prov.)

Weights

Feb. 24 Index
(Final)

Mar. 24 Index
(Prov.)

Weights

Feb. 24 Index
(Final)

Mar. 24 Index
(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

Andhra Pradesh

5.40

192.2

191.6

3.64

192.8

191.9

4.58

192.4

191.7

Arunachal Pradesh

0.14

190.4

0.06

—

0.10

190.4

Assam

2.63

189.0

189.4

0.79

185.7

184.9

1.77

188.3

188.5

Bihar

8.21

180.0

182.2

1.62

188.1

188.8

5.14

181.2

183.2

Chhattisgarh

1.68

176.7

177.5

1.22

174.8

174.6

1.46

176.0

176.4

Delhi

0.28

170.1

169.7

5.64

169.1

169.4

2.77

169.2

169.4

Goa

0.14

173.7

172.6

0.25

175.4

178.5

0.19

174.7

176.2

Gujarat

4.54

183.7

183.9

6.82

173.7

174.3

5.60

178.0

178.5

Haryana

3.30

187.7

189.0

3.35

177.0

177.7

3.32

182.7

183.7

Himachal Pradesh

1.03

174.3

173.9

0.26

179.2

178.7

0.67

175.2

174.8

Jharkhand

1.96

181.8

182.5

1.39

184.1

184.0

1.69

182.7

183.1

Karnataka

5.09

190.4

190.5

6.81

192.4

191.9

5.89

191.5

191.3

Kerala

5.50

192.2

193.4

3.46

190.3

191.2

4.55

191.5

192.6

Madhya Pradesh

4.93

184.1

184.6

3.97

187.9

187.7

4.48

185.7

185.9

Maharashtra

8.25

188.2

186.3

18.86

180.4

178.9

13.18

183.0

181.4

Manipur

0.23

216.7

218.6

0.12

181.3

182.3

0.18

205.5

207.1

Meghalaya

0.28

172.5

172.3

0.15

176.7

177.2

0.22

173.8

Mizoram

0.07

204.2

203.6

0.13

173.0

172.9

0.10

185.2

184.9

Nagaland

0.14

192.4

194.0

0.12

178.8

178.6

0.13

186.6

187.5

Odisha

2.93

188.4

188.8

1.31

181.8

181.3

2.18

186.6

186.7

Punjab

3.31

180.8

181.4

3.09

173.8

3.21

177.7

178.0

Rajasthan

6.63

184.3

184.9

4.23

183.7

183.6

5.51

184.1

184.4

Sikkim

0.06

196.9

196.3

0.03

185.3

184.9

0.05

193.1

192.6

Tamil Nadu

5.55

194.3

193.3

9.20

191.6

190.9

7.25

192.7

191.9

Telangana

3.16

202.5

201.7

4.41

195.9

195.0

3.74

198.9

198.0

Tripura

0.35

203.8

203.7

0.14

194.3

193.2

0.25

201.3

201.0

Uttar Pradesh

14.83

186.1

187.2

9.54

184.5

184.8

12.37

185.5

186.3

Uttarakhand

1.06

181.1

181.8

0.73

183.1

183.5

0.91

181.8

182.4

West Bengal

6.99

190.9

190.5

7.20

188.2

187.3

7.09

189.6

189.0

Andaman & Nicobar Islands

0.05

197.7

193.4

0.07

182.1

181.9

0.06

189.8

187.6

Chandigarh

0.02

181.1

183.1

0.34

171.8

172.1

0.17

172.3

172.7

Dadra & Nagar Haveli

0.02

172.3

173.7

0.04

180.9

180.7

0.03

178.0

178.4

Daman & Diu

0.02

188.6

187.3

0.02

180.5

181.5

0.02

185.2

184.9

Jammu & Kashmir*

1.14

195.5

196.9

0.72

191.2

0.94

194.0

194.9

Lakshadweep

0.01

192.0

191.0

0.01

170.6

173.4

0.01

181.1

182.0

Puducherry

0.08

198.3

195.3

0.27

190.3

190.1

0.17

192.3

191.4

All India

100.00

187.4

187.7

100.00

184.0

183.6

100.00

185.8

Notes:

and Ladakh (erstwhile State of Jammu & Kashmir).

Annex IV

Year-on-year inflation rates (%) of major^@ States for Rural, Urban and Combined for March 2024 (Provisional)

(Base: 2012=100)

Sl. No.

Name of the State/UT

Rural

Urban

Combined

Mar. 23 Index
(Final)

Mar. 24

Index
(Prov.)

Inflation Rate
(%)

Mar. 23 Index
(Final)

Mar. 24

Index
(Prov.)

Inflation Rate
(%)

Mar. 23 Index
(Final)

Mar. 24

Index
(Prov.)

Inflation Rate
(%)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

Andhra Pradesh

181.1

191.6

5.80

183.7

191.9

4.46

182.1

191.7

5.27

Assam

178.4

189.4

6.17

175.2

184.9

5.54

177.7

188.5

6.08

Bihar

172.4

182.2

5.68

178.9

188.8

5.53

173.3

183.2

5.71

Chhattisgarh

168.4

177.5

5.40

166.9

174.6

4.61

167.8

176.4

5.13

Delhi

166.0

169.7

2.23

165.6

169.4

2.29

165.6

169.4

2.29

Gujarat

174.6

183.9

5.33

166.7

174.3

4.56

170.1

178.5

4.94

Haryana

176.3

189.0

7.20

169.6

177.7

4.78

173.2

183.7

6.06

Himachal Pradesh

166.5

173.9

4.44

174.2

178.7

2.58

167.9

174.8

4.11

Jharkhand

171.6

182.5

6.35

176.9

184.0

4.01

173.6

183.1

5.47

Karnataka

178.5

190.5

6.72

184.2

191.9

4.18

181.6

191.3

5.34

Kerala

184.5

193.4

4.82

182.1

191.2

5.00

183.7

192.6

4.84

Madhya Pradesh

174.3

184.6

5.91

179.3

187.7

4.68

176.4

185.9

5.39

Maharashtra

179.7

186.3

3.67

172.7

178.9

3.59

175.0

181.4

3.66

Odisha

176.0

188.8

7.27

170.3

181.3

6.46

174.4

186.7

7.05

Punjab

173.6

181.4

4.49

166.1

173.8

4.64

170.2

178.0

4.58

Rajasthan

176.1

184.9

5.00

173.8

183.6

5.64

175.3

184.4

5.19

Tamil Nadu

183.7

193.3

5.23

183.7

190.9

3.92

183.7

191.9

4.46

Telangana

191.0

201.7

5.60

184.6

195.0

5.63

187.5

198.0

5.60

Uttar Pradesh

176.1

187.2

6.30

177.4

184.8

4.17

176.6

186.3

5.49

Uttarakhand

175.2

181.8

3.77

177.7

183.5

3.26

176.1

182.4

3.58

West Bengal

182.7

190.5

4.27

181.8

187.3

3.03

182.3

189.0

3.68

Jammu & Kashmir*

187.1

196.9

5.24

185.9

191.2

2.85

186.7

194.9

4.39

All India

178.0

187.7

5.45

176.3

183.6

4.14

177.2

185.8

4.85

Notes:

CLICK HERE TO SEE THE RELEASE IN PDF

Prov. : Provisional.
CFPI : Out of 12 sub-groups contained in ‘Food and Beverages’ group, CFPI is based on ten sub-groups, excluding ‘Non-alcoholic beverages’ and ‘Prepared meals, snacks, sweets etc.’.
– : CPI (Rural) for housing is not compiled.

Visitor Counter : 60793