Union Bank projects Q4 CPI inflation at 3%
after close1 source ↓written by the desknot a recommendation
- inflation projection
- 3%
- India's estimate
- 3.2%
- inflation rates
- 3.4%
- in Q1
- 3.7%
Union Bank of India has revised its Q4FY26 CPI inflation projection to 3%, slightly below the Reserve Bank of India's estimate of 3.2%. For FY27, UBI anticipates inflation rates of 3.4% and 3.7% in Q1 and Q2, respectively, while closely monitoring geopolitical tensions that may affect commodity prices. 📉
The bank's outlook reflects concerns over volatile commodity prices and supply disruptions, particularly in the energy sector, which could impact inflation forecasts.
Not investment advice. For informational purposes only.