Inflation Rate 2024 India. 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. Food inflation for july 2024 is the lowest since june 2023.

International monetary fund, international financial statistics and data files. India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021.