Even though living, eating and drinking are very expensive in the country’s capital Delhi, yet inflation is quite low in comparison to other metro cities and other cities of the country. A recent report has revealed that inflation in the country’s capital is much lower as compared to 15 big cities of the country. The special thing is that this has not been revealed through any private report but through a government report. In comparison to Mumbai, Kolkata, Chennai and other cities of NCR, the inflation figures in Delhi have been seen to be much lower. Let us also tell you in which report this information has been given.
Inflation in Delhi less than 15 cities
In the report prepared by the Directorate of Economics and Statistics of Delhi Government, it has been informed that the inflation rate in the national capital last financial year was much lower than other metros and the national average. This was especially the case in the fuel and power group, but this rate increased in the food and beverage and accommodation sectors. The report assessed the Consumer Price Index for Industrial Workers (CPI-IW) between Delhi and 14 other metros. These include Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Jaipur, Indore, Faridabad, Ghaziabad, Bhopal, Chandigarh, Varanasi, Amritsar and Lucknow.
Inflation in Delhi is less than Kolkata and Mumbai.
According to the report, Kolkata had the highest increase in CPI (IW) at 3.6 percent in the financial year 2024-25, while the national average was 3.4 percent. This was followed by Mumbai (3.0 percent), Delhi (1.8 percent). There was no change in Chennai. Among the selected 15 major cities, Delhi’s consumer price index was the third lowest for the calendar year 2024 and the fifth lowest for the financial year 2024-25. The highest index was recorded in Lucknow and Chandigarh. The Consumer Price Index (CPI) is a method that measures how expensive or cheap everyday essential goods and services for ordinary households (such as food, clothing, medicine, rent, electricity, etc.) have become over time.
Such were the inflation figures in Delhi
In the years 2020, 2021, 2023 and 2024, the inflation rate of Delhi was lower than that of entire India. However, Delhi’s inflation rate in 2022 was higher than that of the entire country. Last year, the inflation rate in Delhi was 1.7 percent, while the national average was 3.8 percent. According to CPI (IW), the inflation rate in Delhi between 2020 and 2024 has ranged from 1.7 percent to eight percent. The inflation rate in 2024 was 1.7 percent, while in 2023 it was 3.7 percent. The inflation rate in the food and beverages group was 5.6 percent in 2024, while it was 4.6 percent in 2023. No change was seen in the group of betel nut, betel nut, tobacco and intoxicants in 2024, whereas the inflation rate of this group in 2023 was 3.7 percent.