Inflation dips to eight-year low ahead of looming tariff threat
By Pradeep Damodaran, Pragadish Kirubakaran and Neeraja Gopalakrishnan in Media News on Wednesday, 13th August 2025 at 3:36pm
Image source: NBC News, Reuters and The Economist; Edited by Dinesh Raj M
With the threat of 50 per cent tariff on US exports looming ahead, the National Statistics Office (NSO) came up with some good news claiming that retail inflation had slowed down to an eight-year low in July, thanks to moderating food prices. Meanwhile, PM Modi is expected to meet Donald Trump in September on the sidelines of the UNGA Summit to ease tensions.
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Food inflation declined by 75 basis points in July, compared to June, reported The Times of India.
"The food inflation in July 2025 is the lowest at –1.8 per cent, after Jan 2019, when it was at –2.2 per cent. The core inflation also decelerated sharply and for the first time in six months stood below 4 per cent (at 3.9 per cen...
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