Current Inflation Rate In India 2024 To 2024. The rural and urban inflation rates are 5.28%. 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.

Inflation has softened considerably and is expected to moderate further in 2024. In july, the international monetary fund (imf) raised its 2024 gdp forecast for india to 7% from the 6.8% projection that it issued in april.