Current Inflation Rate 2024 March In India. India's current inflation rate according to the data released by the national statistics office (nso), india’s retail inflation rate dropped to 5.09 percent in february. India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021.

This was primarily due to food inflation, mostly vegetables. India’s forex reserves jumped by $12.588 billion to hit a fresh lifetime high of $704.885 billion for the week ended september 27—in their biggest weekly increase.