Falling Crude Oil Prices To Keep India Inflation Below 3.4% In FY27: Report
Tuesday, 6 January 2026Newsdesk
Benign energy prices will impact the GDP outlook favourably, and the expected impact on annual GDP growth is around 10-15 bps, according to the report authored by Dr Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India (SBI).
New Delhi 06 January 2026
As per news report of NDTV,Crude oil prices are projected to soften significantly to touch around $50 per barrel (bbl) by June 2026, positively affecting the CPI inflation, keeping it decisively below 3.4 per cent in the next fiscal (FY27), an SBI Research report said on Monday.
Source - NDTV
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