Inflation Rate In India 2024 India. The current inflation rate in india is 2.44%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in august 2024. Rice inflation, however, remained elevated at 12.7 per cent.

Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the. India inflation rate for 2020 was 6.62% , a 2.89%.