Inflation Rate In India 2024 Chart. In other words, the purchasing power of ₹100 in 1957 equals ₹9,851.78 in 2023. The inflation rate is based upon the consumer price index (cpi).

An inflation calculator helps calculate changing inflation’s effect on purchasing power. Food inflation edged up to 7.9 per cent in may 2024 from 7.6 per cent in january 2024;