Retail inflation eases to 3.40% in March, food prices show mixed trends
Retail inflation for the month of March was recorded at 3.40% on a year-on-year (YoY) basis.
Retail inflation for the month of March was recorded at 3.40% on a year-on-year (YoY) basis.
The month-on-month change in WPI for January 2026 stood at 0.51% compared to December 2025.
A quiet but consequential shift has just taken place in how India understands inflation. The latest retail inflation reading, the first under a revamped price index, is not merely another data point for economists to debate.
The year-on-year inflation rate, based on the All India Consumer Price Index (CPI), stood at 1.33%, up slightly from 0.71% in November but still well within the comfort zone.
According to the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Tuesday, there is a decline of 55 basis points in the headline inflation of July 2025 in comparison to June 2025.
The Consumer Price Index-based inflation was 2.82 per cent in May and 5.08 per cent in June 2024.
Further, food inflation saw a sharp decline of 79 basis points in May compared to April 2025, reaching its lowest level since October 2021.
The Consumer Price Index (CPI) based inflation on year-on-year basis in April 2025 stands at 3.16% (provisional). It is the lowest year-on-year inflation after July, 2019.
The retail inflation in March dipped marginally to a nearly six-year low of 3.34 per cent amid decline in prices of vegetables and protein-rich items.
The consumer price index (CPI)-based retail inflation for February slipped to 3.61 per cent amid a decline in the rate of price rise in vegetables and protein-rich items.