Economic dataNDTV Profit
SBI MF predicts inflation near 6% for 9 months
Negative-27
GreyOak summary
SBI Mutual Fund forecasts CPI inflation averaging 5.8%, potentially reaching 6% over the next three quarters due to weather, delayed price hikes, and fuel costs. The fund expects the RBI to raise the repo rate by at least 75 basis points to 6.25% to combat these pressures.
What it affects
- CPI inflationNegative -27
CPI expected near 6% for 9 months.Rolling sentiment Negative -36
- State Bank of IndiaSBINNeutral 0
Bank associated with SBI MF.Rolling sentiment Positive +16
Source
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