Inflation 2024. India’s retail inflation jumped marginally to 3.65% in august, from 3.54% in july, 5.08% in june, and 4.75% in may 2024, according to the latest ministry of statistics and programme. 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.
India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021. The world bank expects that the global supply of commodities will.