India's wholesale inflation rate eases to 15-month low of 0.13% in June; here is a look at kitchen prices
A Reuters poll of economists had projected
wholesale price index
(WPI)-based inflation to moderate rise slightly to 0.52% in June.
India's
retail inflation
fell to a more than six-year low of 2.82% in May 2025. The figure represents a decline of 34 basis points from April and marks the lowest annual inflation rate recorded since February 2019.
by Taboola
by Taboola
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RBI's inflation outlook
The
Reserve Bank of India
's
Monetary Policy Committee
(MPC), in its April meeting, cited a continued moderation in
price pressures
, mainly driven by softer
food costs
.
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It projected further easing in FY26, offering relief to consumers. The MPC revised its FY26
inflation forecast
to 4%, down from its earlier projection of 4.2%.
Quarter-wise projections showed inflation expected to average 3.6% in the first quarter, 3.9% in the second quarter, 3.8% in the third quarter, and 4.4% in the final quarter of FY26.
Moreover, the central bank assessed risks to inflation as broadly balanced.
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