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India macro › CPI inflation › May 2025

CPI inflation, May 2025: 2.82%

India's consumer price inflation eased to 2.82% in May 2025 from 3.16% in April, the lowest since February 2019. Food inflation was 1.50%, against 2.14% the month before. That is inside the RBI's 2–6% tolerance band, below its 4% target. The repo rate was 6.00% at the end of the month, 3.18 points above inflation.

May 2025April 2025May 2024
CPI inflation2.82%3.16%4.80%
Food inflation1.50%2.14%7.87%
CPI inflation, food inflation and the repo rateJun 2022 – Oct 2026
−5%0%5%10%15%2023202420252026New CPI base (2024)2.82%
Year-on-year inflation for All India, rural and urban combined. The CPI moved to a 2024 base in January 2026, so the figures either side of the dashed line come from different series.

Source: Ministry of Statistics and Programme Implementation (MoSPI). MoSPI revises earlier periods as fuller data arrives; this page shows the latest published figure. The latest figures for every indicator are on the India macro dashboard.