India, 14th oct 2025: CPI has seen a sharp decline in Indiaโ€™s headline inflation to 1.54% in September 2025, the lowest in over eight years according to the date released by Ministry of Statistics & Programme Implementation today.

Rajeev Juneja, President - PHDCCI (1)

โ€œThe record-low inflation offers a strong foundation for Indiaโ€™s next phase of growth. It is a moment of opportunity toย revitalize private investment,ย stimulate consumption,ย andย accelerate job creation,โ€ saidย Mr. Rajeev Juneja, President, PHDCCIย in a press statement issued here today.

Food inflationย (Provisional)ย registered a โ€“2.28 % year-on-year decline, extending its downward trend for the fourth consecutive month. Among categories, the sharpest declines were driven by lower inflation in vegetables, oil & fats, fruits, pulses, cereals, eggs, as well as moderated increases in energy and fuel prices. Better arrivals of vegetables, cereals, and pulses at mandis led to a correction in retail prices, he said.

He added, โ€œThe moderation in food and fuel prices has provided much-needed relief to households and improved purchasing power. Going forward, we urge the government to leverage this price stability to enhanceย credit availability,ย ease of doing business, andย export competitiveness, especially for MSMEs and labour-intensive sectors.โ€

This phase of low inflation should be complemented by accelerated implementation of infrastructure and logistics projects to lower input costs, further support for agriculture supply chains to prevent food price spikes, and continued focus on technology-driven productivity gains in manufacturing and services, he added.

We anticipate that Indiaโ€™s inflation will remain within a comfortable range over the next two quarters, supported by adequate food supplies, moderate energy costs, and prudent monetary management by the Reserve Bank of India saidย Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.

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