Inflation 2024 Salaire. The annual inflation rate based on all india consumer price index (cpi) number is 4.83% (provisional) for the month of april, 2024 (over april, 2023). After correcting in january, food inflation edged up to 7.8 per cent in february primarily driven by vegetables, eggs, meat and fish.

According to the india compensation survey by management consulting firm korn ferry, indian firms are projected to offer a median salary increment of 9.7 per cent in 2024, slightly higher than the actual median increase of 9.5 per cent reported by organisations in 2023. While global in nature, payscale’s 2024 report was primarily comprised of u.s.