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A recent RBI survey indicates Indian households anticipate moderate commodity price increases. Inflation expectations have decreased, with the median perception dropping to 7.2% in July. RBI Governor Sanjay Malhotra noted a more favorable inflation outlook for 2025-26, attributing it to base effects and monsoon progress. While fewer expect food price hikes, more anticipate increases in durable goods and service costs.
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This will bring the tariff rate on India to 50%, among the highest rates imposed by the US.
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The colourful accessories chain says sales are down as online competitors and higher costs eat into profits.
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News and Media
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