India's retail inflation is expected to undershoot RBI's target (2.6 per cent) in the current fiscal 2025-26, Bank of Baroda said in a report on Wednesday, as the country's Consumer Price Index reported a record low in October.
India's retail inflation is expected to decline further in October 2025, driven by a high base effect, delayed seasonality in food prices, and the full impact of recent GST reforms, according to a report by Union Bank of India.
Prices of everyday goods and services could start to come down in the coming days, as recent cuts in indirect taxes by the government begin to show their effect, according to a report by Bank of Baroda (BoB).