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RBI signals more rate pause as inflation stays near 6% and crude prices loom
Economy
Published on 13 May 2026
Inflation seen under 5% while crude stays the wildcard
A report by Elara Capital estimates India’s FY27E CPI inflation could average 4.8% to 4.9%, pointing to the RBI extending its current repo rate pause until inflation reaches the 6% mark. However, the outlook remains sensitive to crude oil, with prices above $100 flagged as a key upside risk for inflation and future rate decisions.
- Elara Capital forecasts FY27E CPI around 4.8% to 4.9%
- RBI is likely to keep the repo rate unchanged for longer
- Inflation may be watched for movement toward 6%
- Crude above $100 remains the biggest risk factor
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic