Average Inflation Rate In India 2024. Food inflation for july 2024 is the lowest since june 2023. 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).

This means that 100 rupees in 1957 are equivalent to 9,851.78 rupees. The inflation rate is based upon the consumer price index (cpi).