Uneven monsoons, El Nino pose upside risks to inflation; another RBI hike possible: Report

Uneven monsoons, El Nino pose upside risks to inflation; another RBI hike possible: Report

Uneven monsoons and the possibility of El Nino conditions could pose upside risks to food inflation in FY27, keeping the Reserve Bank of India (RBI) open to another interest rate hike despite expectations of gradual moderation in overall price pressures, according to a report by Nuvama Institutional Equities.

November inflation surge may prompt another rate hike: UBI

Consumer inflation is tracking close to 6.3 per cent in November, with an upward bias, raising the possibility of another interest rate hike by the Reserve Bank of India (RBI) in December, according to a report by Union Bank of India.

RBI May Not Rule Out Another Rate Hike As El Niño, Uneven Monsoon Raise Food Inflation Concerns

The Reserve Bank of India (RBI) may have to consider another interest rate increase in FY27 if food inflation remains under pressure due to uneven monsoon rainfall and the possible return of El Niño conditions, according to a report by Nuvama Institutional Equities. Although overall inflation is expected to ease gradually, the report warned that […]