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Inflation watch: Numbers to be lower than RBI projections; why SBI expects softer prices?

7 months ago

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.
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