Current Inflation Rate 2024 India. The annual inflation rate in india soared to 6.21% in october of 2024 from 5.49% in the previous month, well above market expectations of 5.81% to mark the highest inflation rate in over one. India expects food inflation to slow in the coming months, backed by a bumper summer crop harvest, and remains cautiously optimistic on its economic growth, according to.

Corresponding inflation rate for rural and. Consumer price inflation rose to 6.2% in october, primarily driven by inflation in a few vegetables, oil, and fats.