July 15, 2025 1:31 PM
India’s average inflation falls 3% in 11 years of Modi government
India’s retail inflation has averaged around 5% over the last 11 years, showing a steady decline in recent months and reaching a more than six-year low of 2.1% in June 2025. According to data from the Finance Ministry, the average inflation during Prime Minister Narendra Modi’s tenure stands at 5.1%, a significant drop compared to the 8.1% in the UPA regime. Between January 2012 and April 2014, during the UPA era, retail inflation remained above 9% for 22 out of 28 months. During its final...