GST Reforms to Reduce Retail Inflation by 35 Basis Points in 2025-26: SBI Report
ByAinvest
Friday, Dec 12, 2025 11:18 pm ET1min read
A report by SBI Research estimates that GST reforms may reduce retail inflation by 35 basis points in 2025-26, up from an earlier estimate of 85 basis points. The decline in Consumer Price Index (CPI) inflation due to GST has been around 25 basis points so far in the September-November 2025 period. SBI Research forecasts inflation for 2025-26 at 1.8 per cent and for 2026-27 at 3.4 per cent.
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