Current Inflation Rate In India 2024 To 2024. 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. India’s retail inflation jumped to 5.08% in june from 4.75% in may 2024, according to the latest ministry of statistics and programme implementation data.

India’s retail inflation jumped to 5.08% in june from 4.75% in may 2024, according to the latest ministry of statistics and programme implementation data. The fed’s policy rate is currently in the 5.25 per cent to 5.5 per cent range, giving it much more room to cut borrowing costs than it had in march 2020, when the.