Standard Chartered Raises India FY27 CPI Forecast to 4.9%
Standard Chartered strategists now expect India's FY27 CPI inflation at 4.9%, up from 4.5%, citing higher food and retail fuel prices.
Standard Chartered strategists have revised India’s FY27 consumer price index forecast upward to 4.9% from 4.5%.
They cited higher food and retail fuel prices as the main drivers and now expect broader price pressures excluding gold and silver.
The updated view points to a firmer inflation path into FY27.
Source: FXStreet Forex News