Current Inflation Rate In India 2024-2024. The annual rate of inflation based on all india wholesale price index (wpi) number is 0.53% (provisional) for the month of march, 2024 (over march, 2023). The reserve bank of india's monetary policy committee (mpc) on april 5 decided to keep policy rate unchanged for the seventh time in a row and said that it remains vigilant towards upside risks to.

Corresponding inflation rate for rural and urban is 5.43% and 4.11%, respectively. Over the years, the reserve bank has established itself as a credible institution which.