Inflation Rate In India 2024-25. Assuming a normal monsoon next. According to the data released by the ministry of statistics and programme implementation, india's retail inflation dropped below rbi's target in july 2024 to 3.54.

I do not believe that such a high real rate is required at this stage to drive inflation down to the target of 4%. Inflation for fiscal 2024 stood at 5.4 per cent, at par with the central bank’s forecast.