Current Inflation Rate In India April 2024. 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). India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021.
Here’s a list of the country’s inflation as measured in both cpi and wpi indices to help you understand the change in price over time. Economists at capital economics said they expected a 25 basis point cut in india’s repo rate at malhotra’s first mpc meeting in february, compared to april under das’s.