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CPI inflation may remain at 2.2% in FY26, below RBI's forecast of 2.6%: SBI Research
BusinessLineยท2025-10-14 04:34

India's Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, much lower than the Reserve Bank of India's (RBI) forecast of 2.6 per cent, according to a report by the State Bank of India (SBI). The report highlighted that the sharp moderation in inflation has been mainly driven by a decline in food and beverage prices.It stated, "We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than 2.6 per cent RBI forecast." According to the report, India's CPI ...