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Bank of Baroda forecasts India's inflation will meet RBI targets, aided by falling food prices.
Bank of Baroda predicts that India's inflation will align with the Reserve Bank of India's projections for the first quarter of FY26, aided by continued deflation in essential commodities.
The RBI projects CPI inflation at 3.7% for the year, with Q1 at 2.9%.
The BoB Essential Commodities Index recorded a 1.8% year-on-year decline in June, mainly due to price drops in vegetables and pulses.
With inflation below the RBI's upper band, the central bank may focus more on growth-oriented policies.
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El Banco de Baroda pronostica que la inflación de la India cumplirá con los objetivos del RBI, ayudada por la caída de los precios de los alimentos.