India Records Drop in February Inflation; Finance Ministry Revises Growth Projections

India has recorded a decline in retail inflation for the month of February, offering relief to households and businesses amid global economic uncertainties. According to official data, easing food prices and stable fuel costs contributed significantly to the moderation in overall price levels compared to previous months.

The Ministry of Finance stated that the downward trend reflects improved supply chain conditions, controlled commodity prices, and sustained policy coordination between fiscal and monetary authorities. Officials emphasized that inflation remains within a manageable range, supporting consumer spending and economic stability.

Alongside the inflation update, the ministry outlined revised growth projections for the current fiscal year. The updated forecast signals cautious optimism, citing strong domestic demand, rising infrastructure investments, and steady performance in manufacturing and services sectors. Increased capital expenditure and improved credit growth are also expected to support expansion in the coming quarters.

Economic analysts suggest that lower inflation could create room for supportive monetary measures if required, while maintaining macroeconomic discipline. However, authorities remain watchful of global market volatility, crude oil price fluctuations, and geopolitical developments that may impact the outlook.

The government reaffirmed its commitment to sustaining growth momentum while ensuring price stability. Further data releases in the coming months will provide clearer insight into consumption patterns and investment trends as policymakers continue to monitor the evolving economic landscape news as reported.