Inflation Rate 2024 Forecast India. Households' inflation expectations have also gone up and consumer confidence has weakened. The 2022 average figure was 6.7%.
The annual inflation rate in india rose to 5.49% in september of 2024 from 3.65% in the previous month, well above market estimates of 5%. India inflation rate for 2021 was 5.13% , a 1.49% decline from 2020.