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.
Bond yield rises to 7.44% on higher oil prices, global cues
Yields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bill