Inde Taux d'inflation

India's annual inflation rate fell to 3.34% in March of 2025 from the 3.61% in the previous month, well below market expectations that it would remain relatively unchanged, to mark a fifth consecutive slowdown to the lowest inflation rate since August 2019. The drop lowered the inflation rate deeper below the Reserve Bank of India's 4% mid-point target. Inflation fell to a near four-year low for food (2.69% vs 3.75% in February), which accounts for nearly half of the Indian price basket, amid deflationary pressure for eggs, spices, vegetables, and pulses. This was enough to offset a rebound in prices of fuel and light (1.48% vs -1.33%) and faster inflation for housing (3.03% vs 2.91%). From the previous month, consumer prices fell by 0.26%, a fifth consecutive drop.