New Delhi, Feb. 4 -- The country's retail inflation is expected to decline to 4.5 per cent in the last quarter (January-March) of the financial year 2024-25 (FY25), while the overall average inflation for the year is likely to be at 4.8 per cent, according to a recent report by the State Bank of India (SBI).

The report also projected that inflation will further ease in FY26, with an expected average range of 4.2 per cent to 4.5 per cent.

It said "The domestic CPI inflation is expected to come down to 4.5 per cent in Q4 FY25 and average to 4.8 per cent in FY25. January inflation numbers trending closer to approx. 4.5 per cent".

In the October-December quarter of 2026, the report added that the inflation could even fall below 4 per cent....