Bess Marion

Current Inflation Rate 2024 India. The reserve bank of india (rbi) raised its inflation forecast for fiscal year 2025 to 4.8% due to a surge in food prices. Government support through direct benefit transfers has increased rural purchasing power.

Headline inflation, after remaining steady at 4.8 per cent during april and may 2024, increased to 5.1 per cent in june 2024, primarily driven by the food component, which remains stubborn. The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors.