Retail inflation seen staying above 6% for months
In short
Mumbai retail inflation is expected to stay above 6% for the next few months. Economists say higher food prices, an adverse base effect and commodity costs are pushing prices up. They see average retail inflation at 6.2% in the October-December quarter of FY27.
What the reporting says
Mumbai retail inflation is projected to stay above 6% in the coming months, according to an Economic Times economy summary. Economists cited rising food prices, an adverse base effect and commodity price pressures as the main drivers. They expect retail inflation to average 6.2% in the October-December quarter of FY27. Persistent food inflation and weather-related risks are expected to keep pressure on crop production.
Why it matters
Mumbai's retail inflation is projected to remain above 6% in the coming months, with economists pointing to food price increases, an adverse base effect and commodity price pressures. The same estimates put average retail inflation at 6.2% in the October-December quarter of FY27. Weather-related risks are also seen as a challenge for crop production, which can add to pressure on consumer prices and policy expectations.