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India's retail inflation to strengthen, RBI may hike rates: Crisil

in5points
Crisil Ratings forecasts India's retail inflation to strengthen in FY27.
High fuel costs, a weaker rupee, and weather risks are key drivers.
CPI inflation is projected to average 5.1% in FY27.
Crisil sees a possible 25 bps rate hike by the RBI in H2 of the fiscal.