The Economic Times

Retail inflation may remain above 6 pc for next few months; economists see possibility of rate hikes

Mumbai's consumer price index-based retail inflation is projected to remain above 6 percent in upcoming months. This rise is attributed to increasing food prices, an adverse base effect, and commodity price impacts. Economists predict that retail inflation will average 6.2 percent in the October-December quarter of FY27. Heightened food prices and weather-related risks pose ongoing challenges for crop production.