Kitty Michele

Current Inflation Rate 2024 India. The annual consumer inflation rate in india fell sharply to 3.54% in july of 2024 from 5.08% in the earlier month, well below market expectations of 3.65%, to mark the softest rise in consumer prices since august 2019. Food inflation edged up to 7.9 per cent in may 2024 from 7.6 per cent in january 2024;

India’s gdp expanded by 8.2% in the financial year ended march 2024. Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in.