Inflation Rate In India 2024 India. The inflation rate is based upon the consumer price index (cpi). India inflation rate for 2023 was 5.65%, a 1.05% decline from 2022.

The consumer price index for republic of india is 196.8 for the month of october 2024. 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.