Cost Of Living 2024 Forecast India. India inflation rate for 2020 was 6.62%, a 2.89%. The annual consumer inflation rate in india rose to 5.08% in june of 2024 from 4.75% in the previous month, well above market expectations of 4.80% to reflect the fastest pace of price growth since february.

India is the cheapest country in asia (10 out of 10). According to the data released by the ministry of statistics and programme implementation, india’s consumer price index inflation rose to 5.49 percent in september 2024.