Prices may ease, inflation could hit 3.1% in FY26: BoB report
Everyday prices in India could start easing as government tax cuts take effect, says a Bank of Baroda report. The report predicts retail inflation (CPI) for FY26 could settle at 3.1%, with a chance of going lower. Reduced indirect taxes on goods and services are expected to gradually pass on benefits to consumers, easing the cost of living.