Food inflation to average 6% in FY27 as monsoon starts weak: Study

Food inflation in India is likely to average around 6% in FY27, while headline Consumer Price Index (CPI) inflation is projected at 5%, according to CareEdge Ratings. The forecast follows a 41.5% rainfall deficit during the early monsoon, raising concerns over agricultural output. Elevated edible oil prices could further add to food inflationary pressures.