Retail inflation slips to 8-yr low of 1.6% in July
Wednesday, 13 August 2025 () India's retail inflation hit an eight-year low of 1.6% in July, driven by moderating food prices and a favorable base effect. This marks the ninth consecutive month of easing inflation, with food inflation declining by 1.8%. Experts anticipate the RBI will maintain a cautious approach to interest rates, closely monitoring the impact of US tariffs on economic growth.
The RBI is likely to hold steady on interest rates in October, an SBI report suggests, as August 2025 inflation is projected to rise above 2%. Despite a drop in... IndiaTimes