India's Economy Finds Its Groove: Inflation Slows, Growth Picks Up

India's manufacturing inflation in February is cited at 2.86% year-on-year, showing a moderation in the pace of increases. This development is consistent with wider economic trends, as India's retail inflation softened to a seven-month low of 3.61% in February 2025, led by slower rises in food prices. The Reserve Bank of India continues to estimate CPI inflation at 4.8% for FY25. While industrial production growth accelerated to 5% in January 2025. These changes indicate an economy stabilizing.

Source: Government of India