Page 30 - Latest Updates on Inflation
India's farming input inflation saw marginal dip in last few months
WPI-based food inflation remained subdued since November last year, but rose in July, higher than the consumer price index inflation at 11.51 per cent
 "India's farming input inflation saw marginal dip in last few months")
Nationwide protests in Pak gain momentum against inflated electricity bills
Protests against the exorbitant electricity prices have spread across the entire nation, from Karachi to Khyber, and some protests are now turning violent
 "Nationwide protests in Pak gain momentum against inflated electricity bills")
Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD
This will certainly lead to improvement in volume, but it will not happen overnight, said Sanjiv Puri, CMD, ITC here on the sidelines of the B20 Summit organised by the CII
 "Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD")
Global inflation pressures could become harder to manage in future: Study
The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation
 "Global inflation pressures could become harder to manage in future: Study")
Germany's inflation trauma of 1923 strikes an unpleasant chord today
Soaring energy costs helped trigger a recession that's exposed economic frailties. Heightened inequality, meanwhile, is fueling a resurgence of far-right political forces
 "Germany's inflation trauma of 1923 strikes an unpleasant chord today")
Fed's Powell says higher rates may be needed, will move 'carefully'
"It is the Fed's job to bring inflation down to our 2% goal, and we will do so," Powell said in a keynote address to the Jackson Hole Economic Policy Symposium
 "Fed's Powell says higher rates may be needed, will move 'carefully'")
Beyond forming an alliance: INDIA must offer more than the govt's criticism
Building the temple in Ayodhya, removing J&K's special status, and ending the so-called minority appeasement may be Mr PM's pitch to beat the criticism on inflation and unemployment, writes T N Ninan
 "Beyond forming an alliance: INDIA must offer more than the govt's criticism")
RBI may hike rates in case cereal inflation picks up, say analysts
According to the note, if price pressures around cereal inflation begin to pick up further, then the RBI may be forced to use rate action
 "RBI may hike rates in case cereal inflation picks up, say analysts")
B20 Summit India: My priority is to tame inflation, says FM Sitharaman
FTA with UK expected to be announced soon, says FM Nirmala Sitharaman
 "B20 Summit India: My priority is to tame inflation, says FM Sitharaman")
India's retail inflation surges on food prices in challenge to Modi govt
Food inflation, which accounts for nearly half of the overall consumer price basket, hit a staggering 11.51% in July as compared with a revised 4.55% in June
 "India's retail inflation surges on food prices in challenge to Modi govt")
Inflation may stay elevated in coming months, says finance ministry
This warrants greater vigilance by govt and RBI: Report
 "Inflation may stay elevated in coming months, says finance ministry")
Analysts see bond yields hitting 7.5% in near-term; how should you invest?
Over the past one month, the yields on 10-year government bonds have risen 14.7 basis points to 7.218 per cent in India, while they have touched a 17-year high of 4.35 per cent in the US
 "Analysts see bond yields hitting 7.5% in near-term; how should you invest?")
BS Policy & Politics: Food-driven retail inflation may cool only in Sept
Cereals, pulses and milk were other food items to push up the rate of price rise in July, prompting the government to take more measures to tame prices
 "BS Policy & Politics: Food-driven retail inflation may cool only in Sept")
Global uncertainty, domestic disruption to keep inflation elevated: FinMin
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
 "Global uncertainty, domestic disruption to keep inflation elevated: FinMin")
Inflation pressures warrant government, central bank vigilance: FinMin
The ministry's comments come weeks after data showed retail inflation in July rose to its highest in 15 months, as vegetable and cereals prices skyrocketed
 "Inflation pressures warrant government, central bank vigilance: FinMin")
You can buy onions at Rs 25/kg through retail outlets of NCCF from today
Centre has also raised the quantum of onion buffer to 500,000 metric tonnes this year, after achieving the initial procurement target of 300,000 metric tonnes
 "You can buy onions at Rs 25/kg through retail outlets of NCCF from today")
Govt's analgesic for inflation: Steps to alleviate price rise in pipeline
If the monsoon season does not undergo a substantial revival, there could be added pressure on prices, especially if the standing kharif crop begins to deteriorate
 "Govt's analgesic for inflation: Steps to alleviate price rise in pipeline")
FMCG Q1: Volume up as inflation moderates, small players make comeback
The extent of the impact of the spatial distribution of rainfall and erratic weather patterns on rural farm incomes may also have a bearing on sentiment in the near term, said another FMCG maker
 "FMCG Q1: Volume up as inflation moderates, small players make comeback")
With effective market intervention, Kerala has lowest inflation: CM Vijayan
The inflation rate is also the lowest among the states, he said amid concerns about rising prices nationwide
 "With effective market intervention, Kerala has lowest inflation: CM Vijayan")
Retail inflation for farm workers rises from 6.31% to 7.43% in July
The All-India Consumer Price Index Number for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for July 2023 increased by 19 points each to stand at 1,215 and 1,226 points, respectively
 "Retail inflation for farm workers rises from 6.31% to 7.43% in July")