Retail inflation for farm and rural workers eased slightly to 4. 61 per cent and 4. 73 per cent, respectively, in January from 5. 01 per cent and 5. 05 per cent in December 2024, showed the government data released in the last week of February.

India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts.