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<h1>Rating agency predicts inflation to drop to 4% this fiscal from 4.6% with GDP growth at 6.5%</h1> A rating agency forecasts consumer price index inflation to average 4% this financial year, down from 4.6% last fiscal. Food inflation is expected to soften due to above-normal monsoon forecasts, while non-food inflation remains subdued from lower commodity prices. GDP growth is projected at 6.5% with downside risks from potential trade tariffs affecting exports. The agency expects the central bank's monetary policy committee to cut the repo rate once more this fiscal following a recent 50 basis point reduction to 5.5%. Bank credit growth remains weak through the first quarter. Global uncertainties continue affecting crude oil prices, bond yields, equity markets, and currency stability.