The Consumer Price Inflation in India is projected to hover around 5 percent for the financial year 2024-25, with the exception of September and October, as per a research report by SBI. This outlook remains a critical focus for the Reserve Bank of India (RBI). Recent data revealed that the Consumer Price Index (CPI) inflation rose to 5.08 percent in June 2024, primarily driven by higher food and beverage prices.
Inflation to remain around 5 per cent this fiscal: SBI report
