2024 Inflation Rate Forecast India. Inflation rate in india increased to 3.65 percent in august from 3.60 percent in july of 2024. The annual inflation rate based on all india consumer price index (cpi) number is 4.83% (provisional) for the month of april, 2024 (over april, 2023).

India’s september retail inflation reached 5.49%, prompting concerns about delayed interest rate cuts by the rbi. Rbi mpc meet 2024 live: