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Jul retail inflation falls to 1.55%, lowest in 8 years
The New Indian Express Kannur
|August 13, 2025
Drop is driven by food prices, which declined by 75 bps from June
AS predicted, the retail inflation in July fell sharply to 1.55%, down 55 basis points from June's 2.10%, lowest level since June 2017, according to data released by the National Statistics Office (NSO) on Tuesday. The monthly inflation number fell below 2% for the first time since January 2019.
The drop was driven by a steep fall in food prices. The Consumer Food Price Index (CFPI) saw a deflation of 1.76% YoY in July as against a 0.01% contraction in June. Rural food inflation stood at -1.74% while urban food prices fell by 1.90%. This is the lowest food inflation reading since January 2019.
This story is from the August 13, 2025 edition of The New Indian Express Kannur.
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