October 14, 2025 9:49 AM
SBI projects FY26 CPI inflation at 2.2%, below RBI’s forecast
India’s Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, lower than the Reserve Bank of India’s (RBI) projection of 2.6 per cent, according to a report by the State Bank of India (SBI). The report attributed the sharp moderation in inflation mainly to a decline in food and beverage prices. “We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than the RBI’s forecast of 2.6 per cent,” it said. According to SBI, India’s CP...