Inflation Rate Prediction 2024. The rate of inflation is the change in prices for goods and services over time. Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and.
According to the data released by the national statistics office (nso), indiaโs retail inflation rate dropped to 5.09 percent in february 2024, the lowest in four months. In 2024, global inflation is projected to decline to 5.8%, down from a 6.8% estimated annual average in 2023.