Consumer Price Inflation

Inflation in India to rise further to 5.81% on rising food costs: Poll

Annual retail inflation as measured by the CPI likely rose a second straight month to 5.81% in October, the highest since August 2023, says Reuters poll

Why it makes sense for food prices to be cut out of RBI's inflation target

Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically

Retail inflation cools to nearly 5-year low in July, IIP falls 4.2% in June

Food inflation remained declined to 5.42 per cent in July from 9.36 per cent in June

Under the hood

On the surface, India's economy seems to be cruising along, but it is on the commonplace road to prosperity failure

China's June consumer inflation misses expectations amid weak demand

Beijing has sought to revive consumption after a stuttering post-Covid recovery, but concerns are lingering over more fundamental issues including a protracted housing downturn

China 'killing us as a country' under Biden administration, says Trump

Trump brushed aside claims his policies would raise US inflation, and cause pain for American consumers

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

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

Federal Reserve's preferred inflation gauge set to back rate-cut patience

Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week

Inflation down in key peers: Here's how some Brics countries fare

Among Brics countries, Brazil, China, and India have shown a decline compared to the previous month and Russia has seen an uptick

China's consumer prices rise for 2nd month, factory deflation persists

Persistent declines in factory-gate prices and export prices, meanwhile, have added to tensions with China's biggest trading partners

Consumer price inflation likely eased to 5-month low of 4.91% in March

RBI Governor Shaktikanta Das said last week that food price volatility remains a concern

India's consumer price inflation likely eased to 4.91% in Mar: Reuters poll

Inflation was expected to return to the RBI's target next quarter but be above it in subsequent quarters, according to a separate Reuters survey on the longer-term outlook

Amid healthy US jobs report, US Fed likely to delay interest rate cuts

US employers hired far more workers than expected in March and raised wages at a steady clip, the Labor Department said

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

Rupee gains 11 paise against the US dollar amid strong FPI inflows

The local currency strengthened for the eighth consecutive trading session on Friday; it touched an intraday high of 82.86 per dollar before settling at 82.92, compared to 83.03 on Thursday

Price pressure in food items to be transitory, says finance ministry

The finance ministry of Tuesday said the inflation in food items is likely to be transitory as preemptive measures by the government and arrival of fresh crops will cool prices, even though global uncertainty and domestic disruptions may keep inflationary pressures elevated for the coming months. In its Monthly Economic Review for July, the ministry said going forward, while domestic consumption and investment demand are expected to continue driving growth, enhanced provision for capital expenditure by the government in the current fiscal is now leading to crowding in of private investment. The consumer price index based retail inflation spiked to a 15-month high of 7.44 per cent in July 2023, with specific food commodities mainly driving the increase. Core inflation, however, stayed at a 39-month low of 4.9 per cent. Cereals, pulses and vegetables exhibited double-digit growth in July compared to the corresponding period last year. Disruption in domestic production also aggravated

Sensex drops 224 pts in fag-end, Nifty below 19,400; Delta Corp sinks 23%

CLOSING BELL ON JULY 12, 2023: Shares of online gaming firms wilted under selling pressure on Wednesday owing to the 28% GST levy. Meanwhile, HDFC signed-off its from the bourses with a 0.6% loss.

How to approach IT stocks amid tighter monetary policy, recession fears?

According to Jefferies, analysts' consensus revenue growth estimates for CY24 have been lowered for top clients of all IT firms, barring Wipro, with the highest cuts for HCL Tech and Tech Mahindra

Dollar hangs near five-week high as inflation data looms; yen slips

The risk-sensitive Australian and New Zealand dollars eased with Asian equities on worries that higher U.S. rates will choke growth. Sterling also retreated