Inflation Rate 2024 India. The wholesale price index (wpi) inflation for july 2024 eased by a full 134 bps from 3.36% to 2.04%. The retail inflation rate in india is expected to stay below 5.0% for the rest of the year except september as projected in a recent research conducted by sbi.

The table below contains annual inflation rates in india from 1958. As inflation approaches their target, advanced economy (ae) central banks (cbs) have announced rate cuts in 2024 as they recognize a further rise in real interest.