Cpi September 2024 Prediction. Inflation rate in india increased to 6.21 percent in october from 5.49 percent in september of 2024. Inflation falling closer to the federal reserve's goal of a 2% annual rate clears the path for the fed to cut the central bank's benchmark interest rate starting in september.

The cleveland fed produces nowcasts of the current period’s rate of inflation—inflation in a given month or quarter—before the official cpi or pce inflation data are released. Data as of september 9, 2024.