Inflation Rate In India 2024. Corresponding inflation rate for rural and. The annual rate of inflation based on all india wholesale price index (wpi) number is 0.53% (provisional) for the month of march, 2024 (over march, 2023).

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 the. According to the data released by the ministry of statistics and programme implementation, india’s consumer price index inflation rose to 5.49 percent in september 2024.