New Delhi, Oct. 14 -- India's Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, much lower than the Reserve Bank of India's (RBI) forecast of 2.6 per cent, according to a report by the State Bank of India (SBI).

The report highlighted that the sharp moderation in inflation has been mainly driven by a decline in food and beverage prices.

It stated, "We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than 2.6 per cent RBI forecast."

According to the report, India's CPI inflation eased to a 99-month low of 1.54 per cent in September 2025 due to a fall in food and beverages inflation.

Interestingly, the decline in inflation since October 2024 has been primarily led by the food...