GST cut to lower CPI inflation until Q2 FY27
pre-market1 source ↓written by the desknot a recommendation
- repo rate
- 5.25%
ICRA forecasts that the recent GST rate cuts will exert downward pressure on CPI inflation through Q2 FY27. The RBI's monetary policy committee recently eased the repo rate to 5.25%, but further cuts depend on significant growth declines. This tax policy change has contributed to a cooling in core CPI, excluding gold. 📉
Not investment advice. For informational purposes only.