RBI Inflation FY2026-27: Malhotra & Co raises inflation forecast to 5.2% for FY27
RBI Inflation 2026-27 Forecast: The Reserve Bank of India has updated its inflation forecast for FY27 to 5.2% from 5.0% previously. This revision comes as retail inflation exceeds the RBI's target for three consecutive months. The rise in crude oil prices and food costs is a significant contributing factor. Additionally, a weaker rupee adds to imported commodity expenses and inflationary…
The Reserve Bank of India has raised its inflation forecast for the fiscal year 2026-27 to 5.2% from the previous estimate of 5.0%. This increase is due to higher crude oil prices, rising food costs, and a weaker Indian rupee, which has created additional risks for fuel and imported inflation. Governor Sanjay Malhotra announced the Monetary Policy Committee's (MPC) decision on Wednesday, highlighting price pressures in the inflation outlook as one of the most closely watched aspects of the policy review.
The central bank projects inflation at 4.9% for Q2 2027, 6% for Q4 2027, 5.7% for the December quarter of FY2028, and 5.6% for the June quarter of FY2028, with risks balanced evenly.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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