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Jun 12, 2025
India's retail inflation hits 75-Month low
India's retail inflation just dropped to 2.82% in May—the lowest it's been in over six years. That's a solid dip from April's 3.2%, and it's the fourth month straight that prices have stayed below the RBI's 4% comfort zone. Food prices have been steady, contributing to the lower inflation rate.
TL;DR
Looking ahead, the RBI has trimmed its inflation outlook for next year to 3.7%, thanks to good monsoon predictions and cheaper global commodities. Plus, the government is cutting import taxes on crude edible oil (which India mostly imports), hoping this move will keep cooking oil prices in check after last year's spike.