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of <h1>Retail Inflation Hits Six-Year Low at 2.82% in May, Food Prices Plummet to 0.99% Amid Broad Easing Trends</h1> Retail inflation dropped to a six-year low of 2.82% in May, primarily due to reduced prices of food items, vegetables, fruits, and protein-rich products. Food inflation decreased to 0.99%, compared to 8.69% in the previous year. The significant decline is attributed to lower inflation in various food categories and a favorable base effect, marking the lowest food inflation since October 2021.
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