India' retail inflation in July eased below 2% for the first time in eight years, on the back of falling prices of food items including vegetables and pulses, hurting some farmers but giving the central bank room to cut interest rates further.

Mumbai Office India’s retail inflation, measured by the Consumer Price Index (CPI), dropped sharply to 1.55% in July 2025 — the lowest since June 2017 — according to data from the Ministry of Statistics and Programme Implementation,

India's retail inflation hit an eight-year low of 1.6% in July, driven by moderating food prices and a favorable base effect. This marks the ninth consecutive month of easing inflation, with food inflation declining by 1.