Expected Inflation Rate In India 2024. The inflation rate is based upon the consumer price index. Many analysts expect 4% headline inflation by summer next year as the base effect and good monsoon sharply reduces food inflation, implying the expected real policy.

Many analysts expect 4% headline inflation by summer next year as the base effect and good monsoon sharply reduces food inflation, implying the expected real policy. India’s inflation trajectory is expected to moderate from q4 of the fiscal year, despite risks posed by unexpected weather events and geopolitical conflicts, according to rbi.