Cola Increase 2024 Inflation Rate In India. The current inflation rate in india is 3.67%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in june 2024. According to the data released by the ministry of statistics and programme implementation, india's retail inflation dropped below rbi's target in july 2024 to 3.54 percent.
According to the india compensation survey by management consulting firm korn ferry, indian firms are projected to offer a median salary increment of 9.7 per cent. The annual inflation rate based on all india consumer price index (cpi) number is 4.83% (provisional) for the month of april, 2024 (over april, 2023).
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