Inflation In 2024 Percentage. Calculate the time value of money based on historical data from the india, using inflation rates and cpi. India inflation rate for 2021 was 5.13%, a 1.49% decline from 2020.

It primarily indicates the worth of a quantity of money after a certain period. Over the past 12 months, official inflation reached 4.87 percent, exceeding the government’s target of 3 percent, with a tolerance range of ±1.5 percentage points.