Societe Generale Sees India June CPI Around 4.1%

Societe Generale strategist Kunal Kundu forecasts India's June 2026 headline Consumer Price Index (CPI) inflation at approximately 4.1% year-on-year. This would mark a modest uptick from May's reading of 3.9%.

The anticipated figure remains within the Reserve Bank of India's (RBI) tolerance range, supporting the central bank's current patient stance on monetary policy. The gradual firming of inflation provides no immediate pressure for rate action.