Current Inflation Rate In India In June 2024. Food inflation for july 2024 is the lowest since june 2023. The new scheme, introduced ahead of upcoming assembly elections in haryana and jammu and kashmir, assures an assured pension of 50 per cent of the last drawn salary.
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 national accounts. 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).
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