Economic dataBusiness Today
Inflation may remain near 6% till June 2027; two RBI rate hikes on cards
Negative-35
GreyOak summary
JP Morgan forecasts retail inflation near 6% until June 2027, driven by rising food prices and Rabi crop risks. Following an October CPI of 6.1%, November data tracks at 6.4%. Kotak Institutional Equities expects the RBI to raise rates by 50 basis points cumulatively in FY27 due to persistent inflationary pressures.
What it affects
- CPI inflationNegative -35
Inflation expected near 6% till June 2027.Rolling sentiment Negative -65
- RBI policy rate and stanceNegative -35
RBI may hike rates by 50 bps cumulatively.Rolling sentiment Negative -44
