Show Quick Read Key points generated by AI, verified by newsroom RBI maintained repo rate at 5.25%, marginally lowering FY27 inflation outlook. The Monetary Policy Committee (MPC) now expects consumer price inflation (CPI) to average 5 per cent in FY27, compared with its earlier projection of 5.1 per cent announced in the June policy review. Inflation Expected To Peak In Q3While revising the full-year inflation forecast lower, the MPC cautioned that inflation is likely to rise further in the coming months before easing. According to the RBI, food inflation picked up across several categories during May and June, while fuel inflation increased after retail fuel prices were revised in response to higher international crude oil prices. Core Inflation Remains BenignDespite higher food and fuel prices, the RBI noted that core inflation, which excludes food and fuel, remained unchanged at 3.9 per cent during May and June.