The Ministry of Statistics & Programme Implementation (MoS&PI) on January 13, 2025, issued the Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of December 2024.
The Key highlights are as stated:
• Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of December 2024 over December 2023 is 5.22% (Provisional). Corresponding inflation rates for rural and urban are 5.76% and 4.58%, respectively.
• The year-on-year inflation rate for the All India Consumer Food Price Index (CFPI) in December 2024 is 8.39% (provisional), with rural and urban areas showing inflation rates of 8.65% and 7.90%, respectively. The inflation trends from the last 13 months indicate a decline in both CPI (General) and CFPI after December 2023, reaching their lowest points in July 2024. However, both the CPI (General) and food inflation in December 2024 are the lowest observed in the last four months.
• Year-on-year Housing inflation rate for the month of December, 2024 is 2.71%. Corresponding inflation rate for the month of November, 2024 was 2.87%. The housing index is compiled for urban sector only.
• During the month of December, 2024 significant decline in inflation is observed in Vegetables, Pulses & Products, Sugar and Confectionary, Personal care & effects, and Cereals and Products etc.
• The top five items showing highest year on year Inflation at All India level in December 2024 are Peas [Vegetables] (89.12%), Potato (68.23%), Garlic (58.17%), coconut oil (45.41%) and Cauliflower (39.42%). The key items having lowest year on year inflation in December, 2024 are jeera (-34.69), ginger (-22.93%), dry chillies (-10.32%), LPG (excl. conveyance) (-9.29%). For other data related to All India Item Index and Inflation, please visit the website www.cpi.mospi.gov.in
[Release ID: 2092477]
