New Delhi, May 5 -- India's retail inflation is likely to stay below 3 per cent till June 2025, according to a recent report by the State Bank of India (SBI).

The report highlighted a sharp fall in consumer price inflation (CPI) in March 2025, which dropped to a 67-month low of 3.34 per cent, mainly due to a significant correction in food prices.

It said "The sharp moderation in CPI inflation, hitting a 67-month low of 3.34 per cent in Mar'25 due to sharp correction in food inflation bodes well for lowering the average CPI headline forecast for FY26 below 4 per cent now (with below 3 per cent in Q1FY26)".

This sharp moderation in food inflation is expected to help keep the average CPI inflation below 4 per cent for the full financial y...