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India's inflation likely to stabilize around 4.3-4.7 pc in FY26: Report
Summary by The Economic Times
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Consumer prices in December 2024, compared to the same month of the previous year, increased by 4.3 percent, the Republican Statistical Office announced. This is the same level of the annual inflation rate as in November 2024. When it comes to average inflation, it was 4.6 percent over the past year.
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India's inflation likely to stabilize around 4.3-4.7 pc in FY26: Report
Inflation in India is expected to stabilize at an average of 4.3-4.7 per cent in FY26. Food prices are likely to moderate and agricultural output to stabilize. Monetary policy adjustments, including rate cuts, are anticipated to support economic stability. Core inflation trend is forecasted to be stable, with a 25-basis point reduction in the repo rate expected in FY25.
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