Us Inflation Rate 2024 India. India's august retail inflation was at 3.65%, data showed on thursday, higher than the revised 3.60% in july, but below the central bank's target of 4% for the second. It rose to 3.2 percent and 3.5 percent in february and march, when it reached the year’s highest mark.
India’s inflation targeting regime has been largely successful compared to advanced economies like the usa and germany, according to a state bank of india report. The annual inflation rate in the us slowed for a fourth consecutive month to 2.9% in july 2024, the lowest since march 2021, compared to 3% in june and below forecasts of 3%.