Inflation in India at lowest level since January 2021

India’s inflation rate falls to lowest level since January 2021 India’s consumer price index rose 4.25 percent year-on-year in May, the lowest inflation rate since January 2021. This was below April’s 4.7 percent figure and the 4.42 percent expected by economists. Clothing and footwear prices saw the highest increase of 6.64 percent in May, followed by housing prices at 4.84 percent, according to government data.