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.
Retail inflation for farm and rural workers eased slightly to 4.61 per cent and 4.73 per cent respectively in January as compared to 5.01 per cent and 5.05 per cent in December 2024.
India's Consumer Price Index (CPI) based retail inflation eased to 4.6 per cent in January from 5.22 per cent in December.This marks a decline of 91 basis points in headline inflation compared to the previous month, making it the lowest year-on-year inflation since August 2024.
Decline in inflation is observed in the subgroups of ‘Spices’, ‘Meat and Fish’ and ‘Pulses and products’ etc.
Year-on-year inflation rate based on All India Consumer Price Index (CPI) number is 3.54% (Provisional) for the month of July, 2024, which is the lowest in the last 59 months, said the Ministry of Statistics & Programme Implementation (MoSPI).
Central banks remain steadfast and data-dependent in their fight against inflation.
