Inflation In 2024 Percent. 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 retail inflation jumped marginally to 3.65% in august, from 3.54% in july, 5.08% in june, and 4.75% in may 2024, according to the latest ministry of statistics and programme.
Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. 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.