SBI Research forecasts CPI inflation rise to 5.65% in September
pre-market1 source ↓written by the desknot a recommendation
- in September
- 5.65%
- in October
- 6.5%
- suggests a potential
- 25 bps rate hike
SBI Research projects CPI inflation to reach 5.65% in September, surpassing 6.5% in October and November. This outlook suggests a potential 25 bps rate hike by the RBI during its upcoming monetary policy meeting, driven by inflationary pressures and global economic risks. Traders should monitor the implications for interest-sensitive sectors.
• CPI inflation forecast: 5.65% in September
• Expected to exceed 6.5% in October-November
• Possible 25 bps repo rate hike by RBI
Not investment advice. For informational purposes only.