New Delhi, June 12 -- Retail inflation in India is expected to have eased to 2.7 per cent in May 2025, according to a report by Bank of Baroda (BoB).

The Ministry of Statistics and Programme Implementation, Government of India, is likely to release the official Consumer Price Index (CPI) data later in the day. In April, CPI inflation was 3.16 per cent.

The report highlighted that expected moderation was largely led by a decline in food inflation, offering some relief to consumers and policymakers alike. This projection signals continued stability in domestic price levels and reflects the impact of improving food supply conditions.

The report said, "In India, CPI inflation is expected to moderate to 2.7% in May'25 (BoB Estimate), led by...