RBI Inflation FY2026-27: Malhotra & Co trim FY27 inflation forecast to 5% as easing crude prices offer relief

RBI Inflation 2026-27 Forecast: The RBI's Monetary Policy Committee cut its FY27 inflation forecast to 5% from 5.1%, citing softer global crude oil prices and easing supply-side pressures. RBI Governor Sanjay Malhotra said higher inflation is largely driven by food and fuel, while core inflation remains benign. He expects headline inflation to peak in the third quarter of FY27 before moderating.