RBI monetary policy: Room for more easing ahead amid geopolitical shifts

Since June, retail inflation sprang fresh downside surprises to reach six-year low of 2.1% y/y. Average CPI inflation in 2025-26 will likely undershoot the RBI’s downwardly revised projection of 3.7%

​Since June, retail inflation sprang fresh downside surprises to reach six-year low of 2.1% y/y. Average CPI inflation in 2025-26 will likely undershoot the RBI’s downwardly revised projection of 3.7%