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Retail inflation slips to 5-yr low
Orissa POST
|April 16, 2025
India’s retail inflation slipped to a more-than-five-year low as food prices continued to moderate, creating room for deeper central bank rate cuts amid fears the US-China trade war may hit global growth.
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Annual retail inflation in March eased to 3.34%, below economists’ estimate of 3.60% The print was the lowest since August 2019, the government said in a statement. February retail inflation was 3.61%.
“Retail inflation is getting a repeated breather from a softer food inflation,” amid prospects of better farm output, said Dipanwita Mazumdar, economist at Bank of Baroda.
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