RBI Raises FY27 Inflation Forecast to 5.1% Citing Conflict and Monsoon Risks
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The Reserve Bank of India has revised its inflation outlook upward in its June monetary policy review. The central bank raised its FY27 CPI inflation forecast to 5.1 per cent, up from the earlier projection of 4.6 per cent. The revision reflects growing concerns over geopolitical conflict and uncertain monsoon conditions, both of which can drive up prices. These risk factors are seen as already exerting upward pressure on inflation in the economy.
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