India Cpi March 2024. The national statistical office (nso), ministry of statistics and programme implementation (mospi) is releasing all india consumer price index (cpi) on base 2012=100 and corresponding consumer food price index (cfpi) for rural (r), urban. Cpi in 2024 has hit its highest at 5.10% in january and 5.09% in the following month.
Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in. Indiaโs consumer price index (cpi) inflation, also called the retail inflation, eased to 4.85% versus 5.09 percent in february 2024.