Inflation Rate In India 2024 Rbi. The retail inflation in the current financial year has declined after touching a peak of 7.44 per cent in july 2023. India’s retail inflation, measured by the consumer price index (cpi), eased to 4.75% in may from 4.83% in april 2024, according to the latest ministry of statistics and programme implementation.
The employment growth rate was 6% in 2023/24 versus 3.2% in 2022/23, the rbi data on measuring industry level productivity and employment showed. Rbi mpc meet 2024 live:
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Food prices have consistently risen at an annual rate exceeding 8%.
India Inflation Rate For 2022 Was 6.70%, A 1.57% Increase From 2021.
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India Inflation Rate For 2021 Was 5.13% , A 1.49% Decline From 2020.
The current retail inflation eases to 4.83 percent in april 2024 and remains in the reserve bank of india (rbi) tolerance band, set at 2 to 6 percent.
Inflation For Fiscal 2024 Stood At 5.4%, At Par With The Central Bank’s Forecast.
India inflation rate for 2020 was 6.62% , a 2.89% increase from 2019.