Current Inflation Rate 2024 March 2024.  — private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.  — 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).

 — the consumer price index rose 3.5% in the past year.  — inflation and price indices.