Inflation to be lower than RBI projections; why SBI expects softer prices
The State Bank of India forecasts inflation for FY26 and FY27 to be significantly lower than the Reserve Bank of India's estimates, citing a strong monsoon, higher crop sowing, and GST rate rationalization. This comes as RBI already lowered its FY26 CPI forecast and maintained policy rates.
The State Bank of India forecasts inflation for FY26 and FY27 to be significantly lower than the Reserve Bank of India's estimates, citing a strong monsoon, higher crop sowing, and GST rate rationalization. This comes as RBI already lowered its FY26 CPI forecast and maintained policy rates.
