2024 Inflation Rate In Indian Economy. Inflation rate in india is expected to be 3.50 percent by the end of this quarter,. Indian economy should record a growth rate of 7 per cent in the next fiscal and inflation is likely to ease further, rbi governor shaktikanta das said on wednesday.

Base effects from last year, when retail prices rose 6.8% in august, helped keep inflation growth in check yet again, but food inflation quickened from july’s 13. The rbi projects inflation to fall to 4.5% in fy25 and 4.1% in fy26, assuming normal monsoon and no external or policy shocks.