Current Affairs - Economy - Discussion

In March 2025, India witnessed a significant drop in retail inflation to 3.34%, marking its lowest level since August 2019. This easing was primarily driven by a sharp decline in food inflation, which fell to 2.69%. The drop in prices of essential food items like vegetables, eggs, pulses, meat, fish, and milk played a key role in bringing overall inflation down. Reflecting this positive trend, the Reserve Bank of India adjusted its inflation forecast for 2025–26 to 4.0% from an earlier projection of 4.2%, attributing the change to improved prospects in food prices.