India CPI Inflation Falls To 2.75% In January
Retail inflation of India dropped to 2.75 percent in January following the rollout of the revised Consumer Price Index series using the new 2024 base year.
CPI Inflation New Base Year 2024 Series
The updated inflation calculation reflects changes in consumption patterns and weighting of goods and services in the index basket. The statistics office revised the base year to better represent current household spending behaviour.
Officials said the updated methodology improves accuracy in measuring price movements across urban and rural segments.
Food Prices And Retail Inflation Trend
Lower food prices contributed significantly to the decline in headline inflation. Moderation in vegetable and cereal costs helped offset pressures from other components.
Economists noted that favourable supply conditions and stable commodity prices supported the easing trend during the month.
Impact On Monetary Policy Outlook
The softer inflation reading keeps price growth well within the central bank’s target range. Analysts said continued moderation could influence interest rate expectations and liquidity management decisions in coming policy reviews.
Authorities will continue monitoring price movements and seasonal factors affecting inflation momentum.
