Retail inflation or Shopper Worth Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. That is nicely inside the Reserve Financial institution of India (RBI’s) consolation zone and can doubtless encourage the Financial Coverage Committee (MPC) to reduce repo fee in the April evaluation to enhance GDP growth.
The All India Shopper Worth Index (CPI) reveals a yr-on-yr inflation fee of 3.61% (Provisional) for February 2025 in contrast to February 2024. The headline inflation in February 2025 decreased by 65 foundation factors from January 2025, reaching its lowest degree since July 2024.
Meals inflation or the All India Shopper Meals Worth Index (CFPI) signifies a yr-on-yr inflation fee of 3.75% (Provisional) for February 2025 over February 2024. The rural and concrete charges stand at 4.06% and three.20% respectively. Meals inflation skilled a considerable lower of 222 foundation factors in February 2025 in contrast to January 2025, marking the bottom degree since Could 2023.
Within the rural sector, February 2025 witnessed a notable decline in each headline and meals inflation. The headline inflation registered at 3.79% (provisional), down from 4.59% in January 2025. The rural CFPI-primarily based meals inflation decreased to 4.06% in February 2025 from 6.31% in January 2025.
The city sector skilled a substantial discount in headline inflation, dropping to 3.32% (Provisional) in February 2025 from 3.87% in January 2025. Meals inflation in city areas additionally confirmed the same pattern, declining to 3.20% in February 2025 from 5.53% in January 2025.
January 2025 IIP Information:
- The Industrial Index of Manufacturing (IIP) recorded a growth of 5.0 % in January 2025, in contrast to the Fast Estimate of 3.2 % noticed in December 2024.
- For January 2025, the sectoral growth charges confirmed Mining at 4.4 %, Manufacturing at 5.5 % and Electrical energy at 2.4 %.
- The Fast Estimates of IIP reached 161.3 in comparability to 153.6 in January 2024. The sectoral indices for January 2025 registered at 150.7 for Mining, 159.1 for Manufacturing and 201.9 for Electrical energy.
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