Page 9 - Latest Updates on Inflation
US producer prices in Apr soar more than expected on strong services, goods
The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined
 "US producer prices in Apr soar more than expected on strong services, goods")
Why Indian farmers suffer as the government continues to fight inflation?
Govt's aggressive fight against inflation has come despite expectations of a bumper monsoon in 2024
 "Why Indian farmers suffer as the government continues to fight inflation?")
Spike in food & fuel prices push WPI inflation to 13-month high in April
April's increase in factory gate inflation mainly powered by spikes in food and fuel prices
 "Spike in food & fuel prices push WPI inflation to 13-month high in April")
Retail inflation eases to 4.83% in April on softening fuel prices
Core inflation has also trended downwards at 3.2 per cent, which is the lowest in the 2012 base CPI series
 "Retail inflation eases to 4.83% in April on softening fuel prices")
Gold declines as traders await key US inflation data for more rate cut cues
Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday
 "Gold declines as traders await key US inflation data for more rate cut cues")
Over dozen states have higher inflation than national avg of 4.83% in April
The cost of living rose faster in 13 states in the last month compared to the national print of 4.83 per cent. Odisha registered the highest rate of inflation among the states at 7.11 per cent
 "Over dozen states have higher inflation than national avg of 4.83% in April")
Brent crude oil hovers above $83 as inflation data takes centre stage
Brent crude futures were up 55 cents at $83.34 a barrel by 1239 GMT. U.S. West Texas Intermediate crude futures rose 62 cents to $78.88
 "Brent crude oil hovers above $83 as inflation data takes centre stage")
Indian senior living market has potential to touch $12 bn by 2030: Report
Rise in median age and ageing population to fuel increase in demand for senior housing
 "Indian senior living market has potential to touch $12 bn by 2030: Report")
Pakistan PM Sharif approves $86 mn grant for Kashmir region after protests
A police official was killed and over 90 people injured when thousands of people clashed with police in the region over the weekend, said Shah Nawaz, a local government official
 "Pakistan PM Sharif approves $86 mn grant for Kashmir region after protests")
Inflation data, Q4 earnings, trends to drive markets this week: Analysts
Besides, investors would also take cues from the trading activity of foreign investors, the movement of global oil benchmark Brent crude and the rupee-dollar trend
 "Inflation data, Q4 earnings, trends to drive markets this week: Analysts")
BJP seeks votes in name of God instead of talking about inflation: Priyanka
Targeting Irani, Priyanka Gandhi said her sole intention was to defeat Rahul Gandhi
 "BJP seeks votes in name of God instead of talking about inflation: Priyanka")
Nissan Motor upbeat on annual profit with 5.5% rise despite challenges
It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures
 "Nissan Motor upbeat on annual profit with 5.5% rise despite challenges")
Consumer price inflation likely to eased at 4.8% in April: Reuters poll
While headline inflation has moderated in recent months, food prices, which account for nearly half the consumer price index (CPI) basket, have remained elevated, squeezing household budgets
 "Consumer price inflation likely to eased at 4.8% in April: Reuters poll")
Inflation 'settling' high could pose new risks for US Fed, economy
Inflation has been largely stalled for the first three months of the year at a rate, roughly 2.7%, that policymakers regard as still too far above their target to declare the job finished
 "Inflation 'settling' high could pose new risks for US Fed, economy")
Bank of England's rate cut plan set to differ from Federal Reserve's
Ahead of Thursday's decision, Governor Andrew Bailey has distanced Britain from resurgent consumer price pressures in the US, pointing to strong evidence of UK inflation receding
 "Bank of England's rate cut plan set to differ from Federal Reserve's")
One kg flour for Rs 800, roti for Rs 25: How bad is inflation in Pakistan?
Inflation in Pakistan is increasing sharply, making it difficult for people to buy basic necessities for their families' meals
 "One kg flour for Rs 800, roti for Rs 25: How bad is inflation in Pakistan?")
Pak finance ministry sees inflation at 18.5%-19.5% in April, easing in May
Gross domestic product growth for the second quarter of the fiscal year ending in June is estimated at 1% and expected to improve in the second half of the fiscal year, it said in its monthly report
 "Pak finance ministry sees inflation at 18.5%-19.5% in April, easing in May")
RBI launches two key surveys to get inputs for upcoming monetary policy
It also seeks quantitative responses on current, three months ahead and one-year ahead inflation rates
 "RBI launches two key surveys to get inputs for upcoming monetary policy")
German inflation creeps up to 2.4% in April on back of higher food prices
Euro zone inflation is expected to remain at 2.4%, unchanged from the previous month, according to economists polled by Reuters
 "German inflation creeps up to 2.4% in April on back of higher food prices")
Above-normal monsoon likely to ease food prices: Finance ministry
FinMin report says rupee expected to remain within comfortable range
 "Above-normal monsoon likely to ease food prices: Finance ministry")
