India’s retail inflation eased sharply to 1.54% in September 2025, marking its lowest level since June 2017, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). The decline reflects a broad fall in food prices across categories, helping cool price pressures for consumers. Here are key highlights from the September inflation data.

Food inflation slips into fourth month of deflation

Food inflation stood at –2.28% in September, indicating a fall in food prices compared with last year. Rural food inflation was recorded at –2.17%, while urban food inflation came in slightly lower at –2.47%. Food inflation has been negative for the fourth consecutive month and the lowest level since December 2018. The drop was mainly due to falling prices of vegetable

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