What Is The Current Inflation Rate March 2024. The reserve bank of india (rbi) raised its inflation forecast for the fiscal year to 4.8% due to persistent high food prices and weakened. According to the data released by the ministry of statistics and programme implementation,.

The inflation is slowly moving to rbi’s comfort level of 4%. The annual rate of inflation based on all india wholesale price index (wpi) number is 0.53% (provisional) for the month of march, 2024 (over march, 2023).