Page 16 - FIPI - Policy Economic Report - May 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

? The significant decline in headline inflation and food inflation during the month of April, 2025 is
mainly attributed to decline in inflation of Vegetables, Pulses & Products, Fruits, Meat and fish,
Personal care and effects and Cereals and Products.

? Rural Inflation: Significant decline in headline and food inflation in rural sector observed in April,
2025. The headline inflation is 2.92% (provisional) in April, 2025 while the same was 3.25% in
March, 2025. The CFPI based food inflation in rural sector is observed as 1.85% in April, 2025 in
comparison to 2.82% in March, 2025.

? Urban Inflation: Decline from 3.43% in March, 2025 to 3.36% (Provisional) in April, 2025 is
observed in headline inflation of urban sector. However, sharp decline is observed in food
inflation from 2.48% in March, 2025 to 1.64% in April, 2025.

? Housing Inflation: Year-on-year Housing inflation rate for the month of April, 2025 is 3.00%.
Corresponding inflation rate for the month of March, 2025 was 3.03%. The housing index is
compiled for urban sector only.

? Fuel & light: Year-on-year Fuel & light inflation rate for the month of April, 2025 is 2.92%.
Corresponding inflation rate for the month of March, 2025 was 1.42%. It is combined inflation
rate for both rural and urban sector.

? Top five major states with high Year on Year inflation for the month of April, 2025 are shown in
the graph below.

Source- NSO Page | 15

May 2025