India's Retail Inflation at Six-Year Low of 2.8% in May

Key Points

• 1Retail inflation in India eased to 2.8% in May 2025, the lowest in 75 months, driven by decreasing food inflation.
• 2Inflation in the food and beverages category decreased to 1.5% in May 2025, down from 2.1% in April.
• 3Vegetable prices contracted 13.7%, pulses prices contracted 8.2%, and meat prices contracted 0.4% in May 2025.
• 4Double-digit inflation in edible oils and fruits partially offset the decline.
• 5The government reduced the basic customs duty on imported crude edible oils from 20% to 10%.