Current Inflation Rate 2024 March. The annual rate of inflation based on all india wholesale price index (wpi) number is 0.53% (provisional) for the month of march, 2024 (over march, 2023). India inflation rate for 2021 was 5.13% , a 1.49% decline from 2020.
Inflation in the uk flatlined at the bank of england’s target of 2.0% in the 12 months to june 2024, strengthening hopes that the bank will reduce the bank rate from 5.25% to 5%. The annual rate of inflation based on all india wholesale price index (wpi) number is 0.53% (provisional) for the month of march, 2024 (over march, 2023).