New Delhi, June 13 -- The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.

The bank noted that these developments could help reduce the prices of essential food items, although some risks remain as any weather disruption (floods / drought) which may result in an adverse inflation scenario.

It said "Above normal rainfall for the season coupled with slashed import duty on edible oils bode well for the food inflation in coming months".

The government slashed import duty on edible oils from 20 per cent to 10 per cent on May 30, 2025. This move is likely to benefit retail consumers directly, as ...