Page 20 - Policy Economic Report - October 2024

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Figure 14: Inflation trends based on CPI and CFPI

Source- NSO
• According to RBI, CPI inflation for 2024-25 is projected at 4.5 per cent with Q2 at 4.1 per cent; Q3
at 4.8 per cent; and Q4 at 4.2 per cent. CPI inflation for Q1:2025-26 is projected at 4.3 per cent.

Figure 15: Projection of CPI inflation (y-o-y)

Source- NSO Page | 19

October 2024