Kolkata: Low retail inflation figures have come to dominate the macro-economic discourse in the country as much as headline GDP growth figures. Thanks to unusually low food inflation, the retail inflation figures have gone down below 2%, the lower guidance for the Reserve Bank of India. It stood at 1,54% in September and 0.25% in October 2025. According to reports, taking advantage of the easing food prices — especially due to decline in prices of vegetables and pulses — the cost of preparing home-cooked vegetarian and non-vegetarian thalis both declined by a sharp 13% (year-on-year) November, according to Crisil’s monthly indicator of food plate cost.

Crisil publishes this monthly indicator almost as a proxy of the food inflation in the country. According to the report, the fall in the

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