RBI Policy: Complex oil math explains rise in FY27 inflation estimates
- Posted on October 7, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
RBI Policy: Complex oil math explains rise in FY27 inflation estimates
The Reserve Bank of India revised its crude oil price projections for the fiscal year 2026-27. This adjustment has led to increased inflation forecasts, now projected at 5.2% for FY27. The bank notes ongoing supply pressures and volatility in international oil prices contributing to these changes. India's merchandise trade deficit has also widened due to rising imports, especially in crude oil.
