2024 Inflation. The reserve bank of india (rbi) raised its inflation forecast for the fiscal year to 4.8% due to persistent high food prices and weakened. Higher than expected domestic cpi inflation print for october 2024 also weighed on the sentiment.

In the run up to august 2024 meeting, headline inflation, after remaining steady at 4.8 per cent during april and may 2024, increased to 5.1 per cent in june 2024, primarily driven by the food component even though fuel. These tables complement the consumer price inflation time series dataset.