India’s retail inflation, as indicated by the Consumer Price Index (CPI), decreased to 2.1% in June 2025, based on the latest official data released on Monday, July 14, 2025. This marks the lowest inflation rate since January 2019.

CPI-based inflation was recorded at 2.82 percent in May 2025 and 5.08 percent in June 2024.

In a statement issued on Monday, the National Statistics Office (NSO), part of the Ministry of Statistics & Programme Implementation, noted, “The year-on-year inflation rate based on the All India Consumer Price Index (CPI) for June 2025 compared to June 2024 stands at 2.10% (provisional). This reflects a reduction of 72 basis points in the headline inflation for June 2025 when compared to May 2025. It is the lowest year-on-year inflation rate since January 2019.”

The previous record low of 1.97% was established in January 2019.

The NSO attributes the significant decline in both headline and food inflation in June 2025 primarily to a favorable base effect and a reduction in the inflation rates of vegetables, pulses and products, meat and fish, cereals and products, sugar and confectionery, milk and products, and spices.