Mumbai, March 6 -- India's inflation outlook remains stable despite the US-Israel-Iran war pushing global crude prices higher, four economists told Mint, citing low prices, adequate strategic reserves, and the government's ability to cushion fuel shocks from spilling into retail prices.

In January, the Consumer Price Index (CPI)-based inflation, under a revised data series, stood at around 2.75%, significantly below the Reserve Bank of India's (RBI) medium-term target of 4%.







With inflation currently subdued and a newly introduced CPI series indicating broadly similar trends to the old base-year data, the economists said the starting point itself provides a strong buffer against external shocks, likely preventing any immediate pres...