Makrognosis

India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100)

QuarterlyNot seasonally adjustedCode IN.GDPDEFL.Q.NSA

Latest (y/y)2.3%Q2 2026
Previous (y/y)0.6%Q1 2026
Level108.5Q2 2026

India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100) was up 2.3% year on year in Q2 2026, compared with 0.6% in Q1 2026.

The level stood at 108.5 (index (real-series reference year = 100)).

That is the highest reading since Q2 2024.

India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100), annual % change, Q2 2023 – Q2 20260%1%2%3%4%202420252026Robomacro
India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100), annual % change, Q2 2023 – Q2 2026. Source: Makrognosis (computed from agency-direct inputs).
India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100), level (index (real-series reference year = 100))97.5100.0102.5105.0107.52023202420252026Robomacro
India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100), level (index (real-series reference year = 100)).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026108.52.3
Q1 2026106.60.6
Q4 2025106.81.0
Q3 2025105.90.3
Q2 2025106.01.1
Q1 2025106.01.8
Q4 2024105.82.2
Q3 2024105.61.6
Q2 2024104.82.7
Q1 2024104.23.6
Q4 2023103.63.1
Q3 2023104.03.5
Q2 2023102.13.7
Q1 2023100.6—
Q4 2022100.4—
Q3 2022100.4—
Q2 202298.47—

Last 17 observations. The full history (17 observations) is available through the API.

Get India GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IN.GDPDEFL.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IN.GDPDEFL.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ2 2022
Observations17
FrequencyQuarterly
Unitsindex (real-series reference year = 100)
AdjustmentNot seasonally adjusted
10-year high3.7% (Q2 2023)
10-year low0.3% (Q3 2025)
10-year average2.1%
Source agencyMakrognosis (computed from agency-direct inputs)
Makrognosis codeIN.GDPDEFL.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Other India indicators

India GDP (Gross Domestic Product)India GDP at current prices (MoSPI NAS, 2022-23 series)India Inflation Rate (CPI)India Credit Rating & Sovereign Risk ScoreIndia Trade Balance: Goods & ServicesIndia GDP in US DollarsIndia INR per USD, monthly average of the RBI/FBIL daily reference rate (RBI Reference Rate Archive)India Indian Rupee per US DollarIndia RBI policy/repo rate (BS_ViewPolicyRate)

FAQ

What is the current gDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100) in India?
The latest reading is 2.3% year on year for Q2 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?
It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code IN.GDPDEFL.Q.NSA.

Last updated 2026-10-22. Source: Makrognosis (computed from agency-direct inputs). Original title: “IN GDP implicit price deflator (IN.GDP.Q.NOM / IN.GDP.Q.REAL x 100; MOSPI, NSA, 2022-23=100)”.