Today, the Reserve Bank released the August 2026 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (August 03-05, 2026), six speeches, one article and current statistics. The article is on the State of the Economy. State of the Economy The global economy is confronting a fragile geopolitical environment and continuing trade-related uncertainties. Nevertheless, the domestic economy has demonstrated notable resilience to the ongoing global headwinds, characterised by buoyant domestic demand, and rising manufacturing and services activity. The south-west monsoon picked up in July after recording a deficit in June. While headline CPI inflation rose fractionally, reflecting food inflation; core inflation remained stable. Liquidity conditions eased, supporting credit growth and ongoing investment activity. Foreign capital inflows rebounded, reinforcing the external sector. The views expressed in the Bulletin article are those of the authors and do not represent the views of the Reserve Bank of India. (Brij Raj)
Chief General Manager Press Release: 2026-2027/966 | |