Inflation could breach RBI's 6% upper band in 2nd half of FY 2026-27 as El Nino meets geopolitical stress: Report
New Delhi, June 14 -- Inflation in India has a high probability of shooting through the Reserve Bank of India's targets in the second half of the financial year 2026-27, with a potential spike beyond the 6% upper band, according to brokerage firm Prabhudas Lilladher.
As El Nino combines with geopolitical supply-chain disruptions to pressure food and input prices, the brokerage flagged deficient monsoons, low reservoir levels and elevated crude-linked costs as key risks ahead.
"Given this backdrop and current macroeconomic and geopolitical backdrop, we expect a spike in inflation which can even go beyond RBI upper band of 6% in 2H27," the brokerage said in its June 12 research report.
The firm noted IMD and Skymet are predicting El Nino...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.