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Retail inflation slips below 4% after 6 mths
Hindustan Times East UP
|March 13, 2025
India's retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices, giving the central bank room to cut rates further in coming meetings.
NEW DELHI:
Annual retail inflation in February eased to 3.61%, below economists' estimate of 3.98% and the lowest since July. Inflation for January was revised to 4.26% from 4.31%.
The South Asian country's inflation has been within the Reserve Bank of India's (RBI) tolerance band of 2%-6% for four consecutive months.
The slower rate of inflation has been mainly aided by the fall in vegetable prices due to improved supplies on the back of favourable weather.
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