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RBI Governor Raises FY27 Inflation Forecast to 5.2%
Original: RBI GOV SAYS FY27 CPI INFLATION VIEW SEEN AT 5.2% (PREVIOUSLY AT 5%)
The Reserve Bank of India's Governor said the central bank now expects CPI inflation for fiscal year 2027 at 5.2%, revised up from its earlier projection of 5%. The update points to a slightly firmer inflation outlook than previously assumed. Market watchers in India are circulating the remarks, as any change in the RBI's inflation view feeds directly into expectations for future interest rate policy.
Why now: The RBI Governor's upward revision of the inflation outlook has direct implications for Indian interest rate expectations.
Reserve Bank of IndiaRBI GovernorIndia
Evidence
- RBI GOV SAYS FY27 CPI INFLATION VIEW SEEN AT 5.2% (PREVIOUSLY AT 5%) · REDBOXINDIA · 68
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