Top Searches
Advertisement

Inflation Hits Six-Year Low: India’s April CPI Eases to 3.16% as Food Prices Cool Sharply

Updated: May 13, 2025 19:28

Image Source: Youtube
India’s retail inflation cooled to a near six-year low in April 2025, with the Consumer Price Index (CPI) rising just 3.16% year-on-year-well below the Reuters forecast of 3.27%. The sharp deceleration is credited to a dramatic slowdown in food inflation, which dropped to 1.78%, its lowest level since October 2021. This marks the third consecutive month that headline inflation has remained below the Reserve Bank of India’s 4% target, setting a positive tone for the economy and monetary policy outlook.
 
Key Highlights:
  • Headline CPI at 3.16%: April’s retail inflation fell to its lowest since July 2019, down 18 basis points from March’s 3.34%, and beating market expectations.
  • Food Inflation Plummets: The Consumer Food Price Index (CFPI) inflation plunged to 1.78% from 2.69% in March, with rural food inflation at 1.85% and urban at 1.64%. This sharp drop was driven by significant declines in prices of vegetables (down nearly 11% year-on-year), pulses, fruits, meat, fish, and cereals.
  • Rural vs Urban: Rural inflation eased to 2.92% (from 3.25% in March), while urban inflation dipped to 3.36% (from 3.43%).
  • Core Inflation Steady: Core CPI inflation (excluding food and fuel) was estimated by economists at 4–4.1%, indicating stable underlying price pressures.
  • Sectoral Trends: Housing inflation was 3%, health 4.25%, education 4.13%, and fuel and light 2.92%. Clothing and footwear inflation stood at 2.67%.
  • Policy Implications: Economists suggest the benign inflation print paves the way for a possible RBI rate cut at the June meeting, especially with forecasts of a strong monsoon and easing commodity prices supporting a favorable inflation outlook for the year.
India’s inflation trajectory now appears firmly under control, offering relief to consumers and policymakers alike.
 
Sources: PIB, Reuters, Business Standard, Times of India, Financial Express

Advertisement

STORIES YOU MAY LIKE

Image Source: Mint
Twirl, Spin, Heal: Indian Garba Dance Brings Joy and Relief to Parkinson’s Warriors
Image Source: Hindustan Times
Outshine the Ordinary: Nail Your Office Look and Boost Your Corporate Image
Image Source: India TV News
Changing the Guard: 14 Districts Set for Dynamic IPS Shake-Up
Advertisement
Image Source: The Economic Times
Tariff Tango: How Trump’s Next Move Could Rewrite India’s Manufacturing Playbook
Image Source: LinkedIn
Waaree Energies Turns Up the Heat: Massive U.S. Expansion to Illuminate 500 New Careers
Image Source: Reuters
It’s Syria’s Time to Shine”: Trump’s Sanction Reversal Promises a New Dawn
Image Source: Press Information Bureau
Pixels of Peace: Birla Museum’s Buddha Exhibition Illuminates the Path to Enlightenment
Advertisement
Live Blogs
IPL on the Brink: BCCI Calls Back Foreign Stars as Cricket’s Biggest Showdown Nears Spectacular Return
Middle Menace: CSK’s Middle Order Steals the Spotlight
All Eyes on the New Reign: BCCI to Crown Test Duo, Kohli Exit Still Cloaked
No Toss Yet on IPL 2025: Rajeev Shukla Keeps Fans Guessing
Top Stories
Image Source: Lifepoint Hospital
From Flab to Fab: The 7-Day Diet Revolution That’s Melting Fat Nationwide
Image Source: Careers360
Punjab Board to Unveil Class 12 Results: Futures Unlocked Today!
Image Source: Facebook
Cycling Forward, Rolling Back: Mumbai’s Bold Bike Leadership Vote Amid BKC Track Demolition
Image Source: India e-Visa
Digital Borders, Real Freedom: India’s E-Passports Usher in a New Age of Travel
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine