Page 15 - FIPI - Policy Economic Report - May 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Inflation in India
? Headline inflation-: Year-on-year inflation rate based on All India Consumer Price Index (CPI) for
the month of April, 2025 over April, 2024 is 3.16% (Provisional). There is decline of 18 basis
points in headline inflation of April, 2025 in comparison to March, 2025. It is the lowest year-on-
year inflation after July, 2019.

Figure 6: Year on year inflation rate based on CPI (%)

Source- NSO
? Food Inflation: Year-on-year inflation rate based on All India Consumer Food Price Index (CFPI)
for the month of April, 2025 over April, 2024 is 1.78% (Provisional). Corresponding inflation rate
for rural and urban are 1.85% and 1.64%, respectively. A sharp decline of 91 basis point is
observed in food inflation in April, 2025 in comparison to March, 2025. The food inflation in
April, 2025 is the lowest after October, 2021.

Figure 7: All India inflation rates for CPI (General) and CFPI

Source- NSO Page | 14

May 2025