Inflation Rate In India Feb 2024. The reserve bank of india, on february 8, kept its consumer price index (cpi) inflation forecast for the current financial year (fy24) unchanged at 5.4%. The central bank expects retail.
India’s february cpi inflation at 5.09%, core inflation drops further to 3.3% headline retail inflation has now spent 53 consecutive months above the reserve bank. The retail inflation in the current financial year has declined after touching a peak of 7.44 per cent in july 2023.
The Cpi Inflation For The Month Of March 2024 Stood At 4.85%.
The annual retail inflation rate in india eased slightly to 4.83% in april of 2024 from.
Retail Inflation Eased Marginally To 4.83% In April On An Annual Basis From 4.85% In March Last Month, As Per Government Data Released On.
I do not believe that such a high real rate is required at this stage to drive inflation down to the target of 4%.
Data As Of May 15, 2024.
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According To The Data Released By The National Statistics Office (Nso), India’s Retail Inflation Rate Dropped To 5.09 Percent In February 2024, The Lowest In Four Months.
The consumer price index rose 3.4% in april on an annual basis, signaling a.
Excluding Food And Energy, The Key Core Inflation Reading.