Page 11 - Latest Updates on Inflation
Stubbornly high food prices slowing drop in inflation to 4%: RBI bulletin
Retail inflation based on Consumer Price Index (CPI) is on a decline since December and was at 5.09 per cent in February
 "Stubbornly high food prices slowing drop in inflation to 4%: RBI bulletin")
Indian govt bond yield at more than two-week high as US peers jump
The rise in yields is fuelled by indications of a robust economy and elevated inflationary pressures
 "Indian govt bond yield at more than two-week high as US peers jump")
What soft landing?
The Fed must peer through the murk and assess which direction the economy is heading
 "What soft landing?")
Inflationary pressure signals weakening support for Asian bond gains
Emerging Asian bonds handed investors a return of 0.5 per cent so far this quarter compared with over 5 per cent in the last three months of 2023, according to a Bloomberg index.
 "Inflationary pressure signals weakening support for Asian bond gains")
Unemployment, inflation, 'bhagidari' crucial issues for country: Rahul
Gandhi's yatra entered Maharashtra on Tuesday in its last leg. It will culminate in Mumbai on March 17
 "Unemployment, inflation, 'bhagidari' crucial issues for country: Rahul")
Govt bond yields seen higher tracking US peers on inflation uptick
The benchmark 10-year yield is expected to drift in the 7.03 per cent-7.07 per cent range, following its previous close of 7.0274 per cent, a trader with a private bank said.
 "Govt bond yields seen higher tracking US peers on inflation uptick")
Medical inflation driving up ticket sizes for retail health insurers
Rising healthcare costs lead to adjustments in insurance premiums, driving up average ticket sizes, say industry players
 "Medical inflation driving up ticket sizes for retail health insurers")
US inflation tops Feb forecasts, reinforcing Fed's cautious approach
The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from January, according to government data out Tuesday. From a year ago, it advanced 3.8%
 "US inflation tops Feb forecasts, reinforcing Fed's cautious approach")
JPMorgan's CEO urges US Fed to wait past June before cutting rates
Markets see an 84% probability the Fed will lower rates in June and have priced in 90 basis points of cuts for the year
 "JPMorgan's CEO urges US Fed to wait past June before cutting rates")
China's consumer prices up first time in 6 months on Lunar New Year gains
The consumer price index (CPI) climbed 0.7% year-on-year in February, data from the National Bureau of Statistics (NBS) showed on Saturday
 "China's consumer prices up first time in 6 months on Lunar New Year gains")
ECB keeps rate unchanged at 4%, may cut in June with 2% inflation in sight
The ECB's latest quarterly outlook offered strong encouragement, putting inflation at 2.3% this year and revising the 2025 forecast down to 2%. For 2026, it's still seen at 1.9%
 "ECB keeps rate unchanged at 4%, may cut in June with 2% inflation in sight")
Feb consumer price inflation forecast to edge down to 4-month low: Poll
Rises in food prices, which make up almost half of the consumer price index (CPI) basket and experience sharp swings often due to uneven monsoons, have recently outpaced overall inflation
 "Feb consumer price inflation forecast to edge down to 4-month low: Poll")
Key issues like unemployment, inflation find no place in media: Rahul
Gandhi claimed the media was busy covering the marriage in the Ambani family but has no time to cover key issues
 "Key issues like unemployment, inflation find no place in media: Rahul")
At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE
Cost of housing, tobacco and other intoxicants among those bucking the trend
 "At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE")
Markets hit fresh highs as bulls rejoice GDP boost; Sensex up 1.7%
Nifty sees 6th new high in 2 months
 "Markets hit fresh highs as bulls rejoice GDP boost; Sensex up 1.7%")
European inflation eases to 2.6% on falling energy prices, food inflation
Inflation is now far below its peak of 10.6 per cent in October 2022, which it hit after Russia cut off most supplies of natural gas and sent energy prices through the roof
 "European inflation eases to 2.6% on falling energy prices, food inflation")
Bitcoin barrels to best month since 2020, Wall Street points up after PCE
It is set for its biggest monthly gain in more than three years and at $62,315 in Europe on Thursday is within range of its late 2021 record high just under $69,000
 "Bitcoin barrels to best month since 2020, Wall Street points up after PCE")
US inflation increases in line with June interest rate cut expectations
That was the smallest year-on-year increase since February 2021 and followed a 2.6% advance in December
World economy has growing chance of pulling off soft landing: G20
The statement reflects a relatively upbeat view of a global economy that's struggled in recent years to overcome the impact of the pandemic, soaring inflation and a sharp increase in interest rates
 "World economy has growing chance of pulling off soft landing: G20")
Indian economy still growing below its potential, says Jayanth R Varma
Varma says if the economy is not overheating, there is no need of a high real interest rate, which can choke growth
 "Indian economy still growing below its potential, says Jayanth R Varma")
