Cpi Index May 2024 India. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may. Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in.

Centre wise general index for cpi (iw) base 2016=100 for the year 2021 634.38 kb. India’s retail inflation jumped marginally to 3.65% in august, from 3.54% in july, 5.08% in june, and 4.75% in may 2024, according to the latest ministry of statistics.