Inflation News: The rating agency Crisil has estimated an average of 3.5 percent in the current financial year 2025-26, which was 4.6 percent in the last financial year (2024–25). The rating agency said in its August research report that good agricultural production is likely to be under control of food inflation. Kharif sowing recorded a good increase of 4 percent on an annual basis till August 8.
Inflation will be 3.5 percent on average: Crisil said in its research report that we estimate that the total (headline) inflation in the current financial year would be 3.5 percent on average, which was 4.6 percent in the last financial year. The report said Brent crude oil prices are expected to be limited to US $ 60 to 65 per barrel in the current financial year, hoping to remain under control of geopolitical uncertainties, which will help control non-eating inflation.Also Read: Retail Inflation: Inflation reached 6 -year low, 2.10% retail inflation in June
The rating agency expects another cut in the repo rate in this financial year. So far, a total reduction of 1 percent and adequate cash has helped in furthering its benefits. India’s retail inflation rate has decreased by more than half in the last 1 year and has also come down from the lower level of the Reserve Bank of India. It fell from 2.1 percent of June to 1.6 percent in July.Also Read: Crisil’s report revealed, declining gross inflation is good signs for economy
The report says that rapid decline in retail inflation will increase domestic purchasing power, especially in the lower-age category. Also, this will further make more scope for monetary policy. (Language)
Edited by: Ravindra Gupta
