Retail inflation outlook: CPI likely rises to 1.66% in Dec on food prices

As per a Union Bank of India report, India’s retail inflation is projected to rise to 1.66% in December 2025, up from 0.71% in November, driven by increasing food prices. Despite this uptick, inflation is expected to remain significantly below last year’s levels. Core inflation, however, is anticipated to climb due to a surge in gold prices.