Elga Gillian

Inflation In 2024 Percentile. All india inflation rates (on point to point basis i.e. The current index level is at the 25th percentile of the 564 monthly data points in this series.

The central bank now sees inflation for q1, q2, q3 and q4 of this fiscal year at 4.9 per cent, 3.8 per cent, 4.6 per cent and 4.5 per cent, respectively, with risks evenly balanced. In its april 2024 meeting, the mpc left its inflation forecast for this fiscal year unchanged at 4.5 per cent assuming normal monsoon, even as the country braces for a scorching summer amid a spike in crude oil prices and persisting worries about supply chain due to the red sea crisis.