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India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food prices

The arrival of fresh harvests of tomatoes, onions, and potatoes has been reflected in higher mandi arrivals, easing supply pressures

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India's headline Consumer Price Index (CPI) inflation is projected to settle around 4.7-4.8 per cent for FY25, driven by a favourable statistical base, easing food inflation, and stable global commodity prices, according to Bank of Baroda (BoB) report, reported news agency ANI.

The arrival of fresh harvests of tomatoes, onions, and potatoes has been reflected in higher mandi arrivals, easing supply pressures.

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