Page 2 - Inflation Data

Inflation expected to average 4.5% for current fiscal year: CRISIL

Leading ratings and economic research firm CRISIL is of the view that inflation is expected to average 4.5 per cent for the current financial year. "Assuming a normal monsoon, we expect food inflation to soften, while non-food inflation could see an uptick but is expected to remain soft on the back of benign commodity prices," CRISIL said. The rating firm said that consumer price index (CPI) inflation moderated marginally to 4.75 per cent in May from 4.8 per cent in April 2024. "Non-food categories pulled down the headline inflation, but what is worrying is the relentless inching up of food categories, cereals and pulses", the CRISIL report said. Food inflation had stayed above 8.5 per cent for four months now, and non-food inflation continued to offer some respite, it said. The report maintained that there could be some rebalancing in domestic demand in the current fiscal with rural demand catching up with urban consumption. According to the report, the expectation of an above-n

Market Highlights, June 12: Sensex up 150 pts, Nifty off record high ahead of CPI data, Fed outcome

Stock Market Highlights on June 12, 2024: Losses in Britannia Industries, M&M, HUL, Titan, Tata Consumer, Adani Ports, Axis Bank, and Infosys capped gains

Stock market today Jun 12: Inflation, US Fed outcome to guide Sensex, Nifty

All you need to know before the market opens on Wednesday, June 12: Gift Nifty hinted at tepid start to the trading action; The US Fed meet and inflation data to be in focus in the week ahead.

Insurers to invest more in private credit market: Moody's Ratings report

In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit

Soft US inflation data pushes markets higher; Sensex gains 677 points

Indices post biggest gains in two weeks

Fed's Powell expects inflation to fall, though not as confident as before

Powell said his outlook was for continued growth and ongoing job creation bolstered by immigration

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

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

UK retail sales stagnate in March despite easing inflation, shows govt data

Friday's figures contrasted with some business surveys that showed a pick-up in retail sales in March

UK consumer price inflation slows by less than expected to 3.2% in March

The Bank of England - which has an inflation target of 2% and economists polled by Reuters had forecast an annual rate of 3.1%

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

Street Signs: Sebi's F&O standoff, charting Nifty's course, and more

Market players anticipate that the positive momentum in the market, fuelled by better-than-expected domestic gross domestic product growth and softening US inflation data

Government bonds, rupee weaken post higher than expected US inflation data

Now that rate cut expectation in the US is getting postponed. The market's expectation for the Reserve Bank of India (RBI) to ease its liquidity stance is also experiencing delays

Price rise in majority of states and UTs lower than 5.1%, shows data

A total of 12 out of 23 states and UTs recorded inflation lower than the all-India figure of 5.1 per cent

Inflation, industrial production data to drive market trends: Analysts

Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. "This week, we have to deal with macroeconomic data on both the domestic and global front. Our IIP and retail inflation numbers will be released on February 12, while WPI will be released on February 14. The US CPI numbers will be released on February 13, while their retail sales numbers will be announced on February 15. "Amid these numbers, the movement in US bond yields and the dollar index will be watched. Apart from this, movement of crude oil and flows from institutional investors will be other important factors. The last batch of Q3 earnings can lead to stock-specific movements," said Santosh Meena, Head of Research, Swastika Investmart Ltd. NHPC, SAIL, BHEL, Hindustan Copper, Mahindra & Mahindra,

WPI-based inflation increases to 0.73% in December on rise in food prices

Positive rate of inflation in December, 2023 was primarily due to an increase in prices of food articles, machinery & equipment, other manufacturing, other transport equipment

BOJ considers lowering FY2024 inflation outlook to mid-2% range: Report

The central bank's latest inflation outlook for the year starting April stands at 2.8%, in the last report released in October

Dip in US inflation expectations keeps Dollar steady, bitcoin holds gains

A reading on U.S. inflation is due later in the week, which will likely provide further clarity on how much room the Fed has to ease rates this year

Indonesia secures rice import commitments from India, Thailand: Report

Jokowi, as the president is known, said while Indonesia's headline inflation is low, he remains concerned about food prices and imports would help secure supply

WPI turns positive after 8 months in November as food, mineral prices jump

The uptick in factory gate inflation comes days after retail inflation bucked the downward trend and touched a three-month high in November due to a seasonal spike in vegetable prices