<h1>Economic Survey 2024-25: India's Retail Inflation Drops to 4.9% in FY25; Food Inflation Remains High Due to Weather.</h1> Retail inflation in India decreased from 5.4% in FY24 to 4.9% in FY25, according to the Economic Survey 2024-25. This reduction is attributed to a 0.9 percentage point drop in core inflation, driven by lower core services and fuel price inflation. Government actions, including strengthening buffer stocks and open market operations, have been crucial in stabilizing inflation. Despite efforts, food inflation remains high due to extreme weather and supply constraints affecting items like onions and tomatoes. The Reserve Bank of India and the IMF project inflation aligning towards a 4% target by FY26, aided by global commodity price trends.