what is inflation rate in india

The inflation rate in India has shown some variation in different sources. According to Forbes, Indias retail inflation, measured by the consumer price index (CPI), was 4.87% in October 2023, down from 5.02% in September 2023. Trading Economics expects the inflation rate to be 5.60% by the end of the current quarter, with a long-term projection of around 4.10% in 2024 and 4.30% in 2025. Statista reports that in 2023, the inflation rate in India was around 5.46% compared to the previous year. MacroTrends provides historical data, stating that the inflation rate for 2022 was 6.70%. Worlddata.info mentions that for 2022, an inflation rate of 6.7% was calculated. Therefore, the inflation rate in India has been around 5-6% in recent times, with slight variations between different sources.