68
Markets1h 59m 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.

India

Who
ICICI Bank Global Markets
What
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.
When
Sat, 13 Jun 2026 09:54:16 GMT · 1h 59m ago
Where
India ·
Why
The prediction is due to the West Asia conflict and a below-normal monsoon, which are identified as keeping upside risks to inflation alive.
The Frontline Impact

How this affects you

Persistent inflationary pressures, exacerbated by geopolitical conflict and weather-related agricultural risks, could lead to tighter monetary policy through interest rate hikes, affecting economic growth and consumer spending in India.

Story chain

4 events in this thread
  1. Currently Reading1h 59m 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.
  2. Markets1h 59m 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. Markets2h 40m 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. Markets2h 40m 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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