India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report
- Posted on June 2, 2026
- By Business News Today
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- 1 min read
India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report
Forecasts indicate that by FY27, Indias inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such as the ongoing conflict in West Asia and a less favorable monsoon outlook are pivotal. Economic growth might taper to 6.3%, with both fiscal and current account deficits expected to increase.
