Inflation Rate In India 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. Treasury yields declined on wednesday and prices rose as a key inflation reading met market expectations.
Cereals inflation moderated to 8.4 per cent in march 2024, with wheat/atta inflation at 4.7 per cent. The rbi has held the repo rate steady at 6.5 per cent since february 2023, citing the risks of premature.
