2024 Cost Of Living Increase Percentage. Living costs are up 9 per cent rather than 5.4 per cent. According to the data released by the ministry of statistics and programme implementation, india's consumer price index inflation was marginally up at 3.65 percent in august 2024.
Over the twelve months to the june 2024 quarter, the lcis rose between 3.7% and. With the expected adjustment for cost of living for 2024 at 8.7%, if you give an employee an annual salary increase of $10,000, you will need to adjust that amount to $10,870 to account for inflation.
2024 Cost Of Living Increase Percentage Images References :