Inflation Rate 2024 Forecast India. Households’ inflation expectations have also gone up and consumer confidence has weakened. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for indian inflation.
India’s retail inflation jumped marginally to 3.65% in august, from 3.54% in july, 5.08% in june, and 4.75% in may 2024, according to the latest ministry of statistics and programme. Headline inflation is expected to fall to.