2024 Inflation Rate In India Upsc. The purchasing power of a currency unit decreases as the commodities and services. Demand pull, cost push, stagflation, structural inflation, deflation and disinflation;
In today’s world the inflation rate of india is 4.87% measured by the consumer price index (cpi) in october 2023 that is much less than the last year which is around 7.79%. For example, an inflation of 6% in april 2024 means prices of goods and services have increased by 6% when compared to the prices in april 2023.
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