Inflation Rate In India 2024 Chart

Inflation Rate In India 2024 Chart. The annual inflation rate in india soared to 6.21% in october of 2024 from 5.49% in the previous month, well above market expectations of 5.81% to mark the highest inflation rate in over one year. In 2023, the inflation rate in india was around 5.36 percent compared to the previous year.

The annual inflation rate in india soared to 6.21% in october of 2024 from 5.49% in the previous month, well above market expectations of 5.81% to mark the highest inflation rate in over one year. The sharp increase in inflation of 1.75 percentage points came from a positive momentum of 60 bps and an unfavourable base effect of 115 bps.