Hike in medicine prices in India 2023

Published by A. Minhas, Oct 13, 2023
According to a survey conducted in April 2023, 27 percent of respondents stated that prices for most medicines has increased between zero and 20 percent in India. In comparison, 12 percent of respondents reported that the medicine prices have hiked by over 50 percent.

Rise in medicine price across India as of April 2023

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Release date

April 2023

Region

India

Survey time period

April 1, 2023

Number of respondents

8,478 respondents

Special properties

across 323 districts in India

Method of interview

Online survey

Supplementary notes

Survey question: For the medicines that you have regularly been purchasing, how have the prices changed in the last 12 months?

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