Pantheon Macroeconomics

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  • The improved outlook for global oil prices is unlikely to benefit Indian consumers immediately, if at all.
  • WPI will almost certainly peak soon, however; we see a lower 2026 average of 6.5% and 2027 of 0.9%.
  • The mean reversion up in food inflation will pause briefly, but upside risks, especially for 2027, prevail.

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Keywords for: 16 June 2026 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence