New Delhi, May 13 -- The ongoing tensions in West Asia have not yet significantly impacted India's retail inflation, but the future trajectory of inflation will depend on fuel price pass-through and progress in summer crop coverage, according to a report by the State Bank of India.

According to the report, inflation trends in the coming months will largely depend on three major factors: the extent to which higher energy prices are passed on to retail consumers, the progress in area coverage under summer crops, and any major negative movement in individual inflation components.

"We believe the trajectory of future inflation will be shaped by three factors -- the pass through of higher energy prices to retail prices, progress of area cove...