India's annual retail inflation slowed to a more than six-year low of 2.10% in June, near the lower range of the central bank's tolerance band, as food prices continued to ease, making a case for further interest rate cuts.

Retail inflation hit a six-year low in June 2025, largely due to a rare deflation in the food and beverages category after 75 months. While economists expect inflation to decline further in the short term,

India's retail inflation drops to a multi-year low at 2.10% in June 2025, food inflation lowest since January 2019