💨 Abstract

The Reserve Bank of India (RBI) has projected retail inflation to be 4.2% for the next financial year (2025-26), a decrease from the current year's forecast of 4.8%. This is due to expectations of a significant softening in food inflation, driven by good kharif production, winter-easing vegetable prices, and favorable rabi crop prospects. Core inflation is predicted to rise but remain moderate.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖