Retail Inflation Cools to 6-Yr Low of 3.16% in Apr

Retail inflation eased to a nearly six-year low of 3.16% in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cuts in the June monetary policy review.

- Press Trust of India

NEW DELHI:

The Consumer Price Index (CPI) based inflation was 3.34% in March and 4.83% in April 2024. It was 3.15% in July 2019.

NSO data showed a sharp decline of 91 basis points in food inflation in April 2025 in comparison to March 2025. The food inflation in April 2025 is the lowest since October 2021.

Food inflation in April was 1.78%, lower than 2.69% in the preceding month and 8.7% in the year-ago month, showed data released by the National Statistics Office (NSO) on Tuesday.

The Reserve Bank, which has been mandated to ensure inflation remains at 4% with a margin of 2% on either side, has slashed the key interest rate by 50 basis points in two tranches (February and April) as the price situation improved.