Inflation Rate In India 2024 Rbi. India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021. The surge in food and beverage prices has emerged as a key factor driving india's inflation in the fiscal year 2024, according to the reserve bank of india's (rbi) annual report.
Key rates at a glance: On inflation, the rbi governor said, it is expected to be moderate.