Stay informed about the latest trends and developments regarding inflation rates in India in 2024
Inflation, or a rise in the general price level of goods and services, has long been a subject of concern and debate around the world. It affects everything from the cost of groceries and housing to the economy's overall health. As the nation gears up for the upcoming general elections, it becomes crucial to delve into inflation in India to better understand the country's economic situation.
This article aims to provide insights into the Indian inflation rate in 2024 and its implications.
On the other hand, India's wholesale inflation rose to 2.37 percent in December 2024. It stood at 1.89 percent in November, according to the provisional data released by the Ministry of Commerce and Industry. It was at 0.86 percent in December 2023.
Also Read: What is repo rate, current repo rate, and history of RBI repo rates in India (2000 to 2024)