Inflation Rate In India 2024 Upsc. Annual inflation rate in india increased to 3.65% in august 2024 from an upwardly revised 3.6% in july, which was the lowest since august 2019, and above forecasts of 3.55%. This article of next ias aims to study in detail the concept of inflation, its meaning, types, measures, effects, and other related concepts such as price level, price.
India inflation rate for 2021 was 5.13% , a 1.49% decline from 2020. According to the data released by the ministry of statistics and programme implementation, india’s consumer price index inflation was marginally up at 3.65 percent in august 2024.
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