The comparative numbers spell bad news for the world rather than any good news for India, whose growth forecasts are getting tempered even as the inflation picture is getting worse, writes T N Ninan
Price rise in fuels will only reflect in April numbers
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
Moderate your return expectations after the 18-month bull run
While February was once forecast as the peak for US inflation, now readings are set to increase to above 8 per cent, according to some economists
The foreign ministers of Russia and Ukraine met on Thursday in Turkey, the highest level contact between the two countries since the war began on February 24
Notably, high commodities cost especially of transport fuel prices triggered a wider inflationary trend in January 2022
While many analysts forecast Japan's consumer inflation will accelerate in coming months, price rises are still seen modest compared to those in other economies such as the United States
'Consumer inflation will pick up from next month onward on higher food and energy prices,' said Taro Saito, executive research fellow at NLI Research Institute
The producer price index (PPI) increased 9.1% from a year ago, the National Bureau of Statistics (NBS) said in a statement on Wednesday, slower than the 9.5% growth tipped by a Reuters poll
The world's second-biggest economy faces multiple headwinds, weighed down by persistent weakness in the property sector and strict anti-coronavirus measures
The Reserve Bank's inflation projections, Das said, are "robust" but contingent on downside and upside risks associated with the movement of global crude oil prices
CPI rose 0.6% last month from December, the Labor Department said, while in the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982
The All-India Consumer Price Index Numbers for agricultural and rural labourers for the month of December 2021 increased by 5 points each to stand at 1097 and 1106 points respectively.
While the steps have had the desired impact to some extent, experts have criticised them for burdening farmers and going against the concepts of open markets and 'atmanirbharta'
Japan's November consumer inflation marked the biggest year-on-year rise in nearly two years on surging fuel costs, a sign that the fallout from global commodity price gains is broadening
The consumer price index increased 6.8% from November 2020, according to Labor Department data released Friday
May well be understating it in some periods in the past two years
US consumer prices post largest year on year rise since 1990; technology, energy sectors lead early declines
Treasuries pared declines following the data, while the dollar fell and S&P 500 futures rose.