In January, India's retail inflation dropped to 5.10% from 5.69% in December, remaining within the RBI's comfort zone. By late 2024, the trend reversed — see Inflation: Positive Turnaround for the latest reading. The drop in retail inflation coincides with the Reserve Bank of India's recent announcement to keep the repo rate unchanged for the sixth consecutive time. While the RBI may maintain interest rates until at least the June policy review, potential rate cuts could be considered if the current trajectory persists. Track how inflation resurged as a CEO priority in The CEO Agenda Q2 2025.
