Current Inflation Rate 2024 March 1. India's current inflation rate according to the data released by the national statistics office (nso), india’s retail inflation rate dropped to 5.09 percent in february 2024, the lowest in. India inflation rate for 2021 was 5.13% , a 1.49%.
The rate of inflation is the change in prices for goods and services over time. Households’ inflation expectations have also gone up and consumer confidence has weakened.