RBI Raises FY27 Inflation Forecast to 5.1% Due to Tensions, Risks
RBI Governor Sanjay Malhotra warned that inflation outlook is uncertain due to Middle East tensions and monsoon risks, raising FY27 forecast to 5.1% from 4.6%. Retail inflation rose to 4.38% in June, above RBI's 4% target. Transport and food sectors are key indicators; transport services recorded 7.7% inflation while food prices were up 5.32%, reflecting rising costs.
15 JUL 2026
— Indian Express
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· THIS STORY — NDTV
The RBI Governor raised the inflation forecast for FY27 to 5.1% due to escalating Middle East tensions and monsoon risks, impacting transport and food sectors.
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