Retail inflation has declined in April. The rate was 3.16 percent, which is the lowest level of about six years. In March 2025, this inflation was 3.34 percent. At the same time, 4.83 percent was in April 2024. Inflation has decreased due to low prices of vegetables and fruits.
Eating and drinking things are now being cheap
Last month, the inflation rate of food and drink was 1.78 percent. It was 8.7 percent a year ago. This rate was 2.69 percent in March. This means that food and drink are now becoming cheaper.
RBI has said that retail inflation is now at a satisfactory level. The government has targeted the RBI to keep inflation around 4 per cent. RBI has cut interest rates by 0.50 per cent. This has been done so that people can get loans easily.
What is RBI’s estimate on inflation?
RBI estimates that retail inflation will be 4 percent in FY 2025-26. It is estimated to be 3.6 per cent in the first quarter, 3.9 per cent in the second quarter, 3.8 per cent in the third quarter and 4.4 per cent in the fourth quarter.
According to the data, the inflation rate based on the Consumer Price Index (CPI) in April was 3.16 per cent, the lowest level after July 2019. It was 3.15 percent in July 2019. This means that inflation is now under control.
RBI believes that inflation will be around 4 percent in the coming time. This will provide relief to people and they will be able to buy things easily.