Besides cooling food prices, the decision of the government to reduce GST rates on about 400 items in September helped in further improving the price situation in the country
India's inflation rate picked up in November from a record low in the previous month but stayed well below the central bank's 4% target
The report was complicated by the federal government shutdown, which prevented the BLS from collecting much of the October price data
The ECB now sees inflation at 1.9% in 2026, above its previous projection for 1.7% while 2027 inflation is projected at 1.8%, below the 1.9% seen in September
Policymakers at Britain's central bank voted 5-4 to reduce the base rate by a quarter of a percentage point to 3.75% on Thursday, the lowest since February 2023
If approved, the plan would cross the previous record 115.2 trillion yen initial budget that was cleared under former prime minister Shigeru Ishiba for fiscal 2025
Inflation in manufactured products that carries weightage of over 64 per cent in the index, narrowed to a 14-month low of 1.33 per cent in November
India may see a goldilocks 2026 with strong growth and low inflation, but sustaining this balance will hinge on reforms, RBI policy support, fiscal consolidation and easing external pressures
In the US, traders will also track non-farm payroll/ weekly jobless claims, housing data and consumer sentiments, which will also shape the direction of bullion prices, they added
Despite strong real growth, slowing nominal GDP and a sharply weaker deflator raise fiscal concerns, challenging Budget assumptions for FY26
India's ill-conceived and hurriedly adopted inflation targeting is one such initiative that needs to be carefully evaluated
The report prepared by the Directorate of Economics and Statistics of the Delhi government, however, showed that the inflation rate rose in the food & beverages and housing sectors
The Consumer Price Index- (CPI-) based retail inflation was lowest in the current series (base year 2012), which captures data since January 2014
In a holiday-shortened last week, the BSE benchmark tanked 722.43 points or 0.86 per cent, and the NSE Nifty declined 229.8 points or 0.89 per cent
India's services PMI slipped to 58.9 in October, a five-month low, as competition and rains slowed growth even as demand and GST relief supported business optimism
At BS BFSI Insight Summit 2025, a high-level panel of economists said that flexible inflation targeting has largely worked in keeping inflation under control and no major revamp is required
Consumer prices increased 3% in September from a year earlier, the Labour Department said Friday, up from 2.9% in August
The Fed is set to cut rates by 25 basis points in its policy meeting scheduled on October 29
ECB officials have largely indicated that - after eight interest-rate cuts in a year - they are happy with current policy settings, though some are still saying further cuts shouldn't be excluded
September 2025 WPI-based inflation: The positive rate of inflation in September is primarily due to an increase in prices of manufacturing of food products