India's retail inflation slipped to 1.55% in July from 2.10% in June, government data showed. "There's...decline of 55 basis points in...headline inflation of July, 2025, in comparison to June, 2025. It's the lowest year-on-year inflation rate after June 2017," said government. A decline of 75 basis points was observed in food inflation in July, 2025 in comparison to June, 2025.