New Delhi, Feb. 15 -- India's inflation is expected to average around 4.8 per cent in 2025.

According to a report by Centrum Institutional Research, the recent decline in consumer price inflation (CPI) for January could provide the Reserve Bank of India (RBI) with enough room for another 25 basis points (bps) rate cut in the near future.

"We expect inflation to average 4.8 per cent in FY25. This sharp slowdown in inflation will provide RBI enough room for another 25bps rate cut," the report said.

According to the report, last month's drop in inflation was primarily due to a fall in food prices, especially vegetables. As fresh vegetables and pulses enter the market, inflationary pressures are likely to ease further.

The report suggeste...