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CPI inflation to average 5% in FY27, RBI to hold rates: SBI report
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SBI Research report forecasts India's CPI inflation averaging 5% in FY27.
RBI is expected to hold interest rates in a prolonged pause.
Stable rupee and improving foreign inflows support the rate pause.
June 2026 CPI inflation rose to 4.38% due to rising food, transport, and services costs.
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