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Markets4h 5m ago

Inflation is headed higher to 5.0 per cent in FY27 with core at 4.6 per cent, ICICI Bank Global Markets said, as West Asia conflict and a below-normal monsoon keep upside risks alive.

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New Delhi, India

Who
ICICI Bank Global Markets
What
Inflation is headed higher to 5.0 per cent in FY27 with core at 4.6 per cent, ICICI Bank Global Markets said, as West Asia conflict and a below-normal monsoon keep upside risks alive.
When
Sat, 13 Jun 2026 09:13:10 GMT · 4h 5m ago
Where
New Delhi, India ·
Why
The brokerage now sees a case for policy rates to be hiked by 50-75 bps, with the MPC already acknowledging higher H2 estimates due to rising inflation.
The Frontline Impact

How this affects you

The report suggests Indian consumers and businesses will face higher borrowing costs as policy rates are likely to increase, driven by rising food and fuel prices and the ongoing West Asia conflict.

Story chain

4 events in this thread
  1. Markets3h 24m ago
    ICICI Bank Global Markets predicts inflation will reach 5.0 percent in FY27 with core inflation at 4.6 percent, based on a June 12, 2026 report.
    Open article
  2. Markets3h 24m ago
    ICICI Bank Global Markets noted in its June 12, 2026 report that inflation moved to a 16-month high, with CPI rising to 3.94 percent year-over-year in May from 3.48 percent in April.
    Open article
  3. Markets4h 5m ago
    ICICI Bank Global Markets forecasts inflation to rise to 5.0 percent in FY27 with core at 4.6 percent, driven by the West Asia conflict and a below-normal monsoon.
    Open article
  4. Currently Reading4h 5m ago
    Inflation is headed higher to 5.0 per cent in FY27 with core at 4.6 per cent, ICICI Bank Global Markets said, as West Asia conflict and a below-normal monsoon keep upside risks alive.

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