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Markets4h 17m 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.

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New Delhi, India

Who
ICICI Bank Global Markets
What
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.
When
Sat, 13 Jun 2026 09:13:10 GMT · 4h 17m ago
Where
New Delhi, India ·
Why
Inflation is headed higher due to the West Asia conflict and a below-normal monsoon, keeping upside risks alive.
The Frontline Impact

How this affects you

The projected increase in inflation and potential rate hikes indicate tighter monetary conditions in India, impacting borrowing costs for consumers and businesses. Global food and energy price volatility due to geopolitical events could continue to exert pressure on household budgets.

Story chain

4 events in this thread
  1. Markets3h 36m 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 36m 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. Currently Reading4h 17m 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.
  4. Markets4h 17m 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.
    Open article

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