India’s retail inflation eases to 4.31% in Jan as food prices moderate

India's retail inflation eased to 4.31% in January 2025, down from 5.22% in December, primarily due to slowing food price rises. This decline was better than the Reuters poll estimate of 4.6% and offers relief to households heavily impacted by food costs. Cooling vegetable prices and a healthy kharif crop output significantly contributed to the moderation.