Inflation Rate In India 2024 Rbi. For five consecutive policy reviews in 2023, the reserve bank of india (rbi) chose to hold rates, citing inflation threat. Inflation rate in india decreased to 3.54 percent in july from 5.08 percent in june of 2024.
The rbi pegged inflation rate for the first quarter of the next fiscal year at 5.2%. Inflation for fiscal 2024 stood at 5.4%, at par with the central bank’s forecast.