Try GOLD - Free
Retail inflation may hit record low of 0.3% in Oct: Mint poll
Mint Chennai
|November 11, 2025
India's retail inflation likely hit a record low of 0.3% in October, driven by continued food deflation, the statistical effect of a favourable base, and the impact of goods and services tax (GST) cuts, according to a Mint poll of 16 economists.
The economists projected inflation in the narrow range of 0.16% to 0.58%. If their projections prove accurate, this will be the lowest print under the current series, which includes inflation data from January 2014. Retail inflation data is scheduled to be released on Wednesday.
Retail inflation had jumped to 6.2% in October 2024 from 5.5% the previous month, which will provide a favourable base for inflation in October 2025. Similarly, food inflation jumped to 10.9% in October 2024 from 9.2% the previous month, which will help pull food inflation down as well. Cooling vegetable prices will also have an impact.
This story is from the November 11, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
15 years on, why this NRI couple made Dubai a permanent home
Tax-free income gives the Singhs greater control over finances to build wealth faster and enjoy a better lifestyle
5 mins
November 11, 2025
Mint Chennai
Two-wheeler cos in final push to defer new safety norms
Two-wheeler majors and industry lobby Siam set to meet Union minister Gadkari today
3 mins
November 11, 2025
Mint Chennai
US Senate advances plan to end longest shutdown
A group of moderate Democrats broke ranks with party leaders and voted to support a deal
4 mins
November 11, 2025
Mint Chennai
States need a 'clean' slate to get their abundance of laws in order
This framework to review old laws is a must to maintain a statute book aligned with latest needs
3 mins
November 11, 2025
Mint Chennai
Box-office duds, OTT rut fail to deter investors
single blockbuster. It's a strategic play on the broader 'digital India' consumption story,\" said Varun Singh, founding partner - Foresight Law Offices.
1 mins
November 11, 2025
Mint Chennai
Norway wealth fund critical of Novo board shakeup
Norway's sovereign wealth fund is among investors renouncing a revamp of the board of directors at Danish obesity-drug maker Novo Nordisk A/S.
1 min
November 11, 2025
Mint Chennai
RBI current account proposal divides private, state-run banks
swered.
2 mins
November 11, 2025
Mint Chennai
Indian rice exports helped cool global prices, says WTO
collectively helped cool food markets,\" the WTO said.
1 mins
November 11, 2025
Mint Chennai
Pine Labs IPO 54% subscribed on Day 2
The initial public offering (IPO) of Pine Labs received 54% subscription on the second day of the initial share sale on Monday.
1 min
November 11, 2025
Mint Chennai
Retail inflation may hit record low of 0.3% in Oct: Mint poll
India's retail inflation likely hit a record low of 0.3% in October, driven by continued food deflation, the statistical effect of a favourable base, and the impact of goods and services tax (GST) cuts, according to a Mint poll of 16 economists.
1 mins
November 11, 2025
Listen
Translate
Change font size