India’s retail inflation fell to 3.61% in February 2025, marking the first time in six months that it has dropped below the Reserve Bank of India’s (RBI) medium-term target of 4%. This decline is primarily attributed to a decrease in food prices, particularly vegetables, which

India's CPI inflation is projected to have dropped below 4% in February 2025 due to easing food prices, raising expectations for further interest rate cuts and economic growth.