RBI Forecasts 5.1% Inflation and 6.6% GDP Growth for FY27
RBI projects 5.1% inflation, 6.6% GDP growth for FY27 amid global uncertainty
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The Reserve Bank of India projects a Consumer Price Index (CPI) inflation rate of 5.1% and a real GDP growth rate of 6.6% for the fiscal year 2026-27. Governor Sanjay Malhotra indicated that inflation may rise throughout the year, with core inflation at 4.7%.
- 01RBI projects CPI inflation at 5.1% for FY2026-27.
- 02Real GDP growth is forecasted at 6.6% for the same period.
- 03Quarterly growth is expected to range between 6.3% and 6.8%.
- 04Core inflation is projected at 4.7%.
- 05The RBI warns of potential risks to inflation forecasts due to global supply-chain issues.
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The Reserve Bank of India (RBI) has announced its projections for the fiscal year 2026-27, estimating a Consumer Price Index (CPI) inflation rate of 5.1% and a real GDP growth rate of 6.6%. RBI Governor Sanjay Malhotra indicated that inflation is likely to increase throughout the year, with core inflation anticipated at 4.7%. The central bank expects quarterly growth to fluctuate between 6.3% and 6.8%. However, the RBI has cautioned that these inflation forecasts might face upward risks due to ongoing global supply-chain disruptions, which could impact economic stability.
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Rising inflation could affect consumer prices and purchasing power in India.
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