Inflation Rate In India 2024 Chart. According to the data released by the ministry of statistics and programme implementation, india's retail inflation dropped below rbi's target in july 2024 to 3.54 percent. Annual inflation rate in india increased to 3.65% in august 2024 from an upwardly revised 3.6% in july, which was the lowest since august 2019, and above forecasts of 3.55%.
For 2023, an inflation rate of 5.6% was calculated. India’s central bank, the reserve bank of india, implemented several measures to control inflation, including monetary policy adjustments.
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