India's Retail Inflation Drops to 99-Month Low of 1.54%

India's retail inflation, measured by the Consumer Price Index (CPI), fell to a 99-month low of 1.54% in September 2025, according to official data. This significant drop, last seen in June 2017, was primarily driven by falling food and fuel prices. The figure is well below the Reserve Bank of India's lower tolerance band of 2%, increasing expectations of a potential interest rate cut by the Monetary Policy Committee in its next meeting to stimulate economic growth.