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Graphic of the day: Food Inflation Plummets

Food inflation saw a record 11.3 percentage point drop from November 2024 to September 2025

By Samreen Wani
Last Updated: Oct 15, 2025, 14:57 IST1 min
Food price cooling is historic: 11 straight months of falling inflation up to Sep '25. The -11.3 pp cumulative drop (Nov 2024–Sep 2025) is the largest ever for the current CPI series. SBI Research shows absolute price drops initially (Nov 2024-Apr 2025), followed by strong base effects that offset seasonal price rises. Will this reshape consumer spending?
Food price cooling is historic: 11 straight months of falling inflation up to Sep '25. The -11.3 pp cumulative drop (Nov 2024–Sep 2025) is the largest ever for the current CPI series. SBI Research shows absolute price drops initially (Nov 2024-Apr 2025), followed by strong base effects that offset seasonal price rises. Will this reshape consumer spending?

First Published: Oct 15, 2025, 14:57

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