Retail inflation based on the Consumer Price Index (CPI) dropped to 1.54% in September 2025 from 2.07% in August, according to government data released on Monday (October 13).

The reading came slightly above a CNBC-TV18 poll estimate of 1.50%. This marks the lowest inflation level since June 2017. The CPI was 5.49% in September 2024.

The moderation in inflation was driven by continued weakness in food prices, with food inflation remaining negative for the fourth straight month. Food inflation stood at (-)2.28% in September compared to (-)0.69% in August and 9.24% in the same month last year.

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Rural inflation eased to 1.07% from 1.69% in August, while urban inflation fell to 2.04% from 2.47% a month earlier. Amo

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