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Retail inflation declines to multi-year low of 0.25% in October

The consumer price index-based retail inflation was 1.44 per cent in September and 6.21 per cent in October 2024

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Retail inflation slipped to a multi-year low of 0.25 per cent in October, driven by the impact of the GST rate cut and subdued prices of vegetables and fruits, government data showed on Wednesday.

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The consumer price index (CPI)-based retail inflation was 1.44 per cent in September and 6.21 per cent in October 2024.

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According to the data released by the National Statistics Office (NSO), the food inflation declined to (-) 5.02 per cent in October.

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The decline in headline inflation and food inflation during October 2025 was mainly attributed to the whole month's impact of GST rate cut, favorable base effect, and a drop in inflation of oils and fats, vegetables, fruits, egg, footwear, cereals and products, transport and communication, the NSO said.

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