Inflation Forecast Lower Than RBI Projections, Says SBI

Inflation in FY26 and FY27 is projected to be significantly lower than the Reserve Bank of India’s estimates, according to a State Bank of India report, which cites strong monsoon conditions and recent GST rationalization as key factors. The RBI has revised its CPI inflation forecast for FY26 to 2.6%, while SBI suggests it could be even lower, indicating a stable economic outlook despite global uncertainties.

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