Cpi Index 2024 Indian Economy

Cpi Index 2024 Indian Economy. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for indian inflation. Inflation for fiscal 2024 stood at 5.4 per cent, at par with the central bank’s forecast.

India can achieve sustainable growth of up to 8% in the coming years, central bank chief says. However, the rural food price index declined just 0.25% while urban food prices dropped 0.9% on a sequential basis.