India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years amid a continued fall in food prices, official data revealed on Tuesday.
Consumer price inflation eased to 1.55 percent in July from 2.10 percent in June. The expected rate was 1.76 percent.
Moreover, this was the lowest inflation rate since June 2017, when prices rose only 1.46 percent.
The Reserve Bank of India held rates at 5.5 percent during its policy meeting last week.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.