Cpi Inflation Rate 2024. The most notable changes in the year were increases in transport. Inflation fell to 2.4%, moving closer to the fed’s 2% target.
Cpi data plays a key role in the fed’s interest rate decisions as it continues toward its goal to lower inflation to its 2% target. 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).