What Is The Current Rate Of Inflation 2024 In India. The annual inflation rate based on all india consumer price index (cpi) number is 4.83% (provisional) for the month of april, 2024 (over april, 2023). Consumer price index numbers on base 2012=100.

Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the. Households’ inflation expectations have also gone up and consumer confidence has weakened.