Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists
- Posted on May 26, 2026
- By Business News Today
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- 1 min read
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists
Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the impact of these hikes before considering interest rate changes in the latter half of the fiscal year.
