Page 133 - Latest Updates on Inflation
Expensive vegetables, high metal prices push WPI inflation to 1.32%
Together with CPI, it may restrain RBI from taking any further monetary easing measures
 "Expensive vegetables, high metal prices push WPI inflation to 1.32%")
WPI inflation rises to 1.3% in September mainly on costlier food items
The wholesale price index based (WPI) inflation was in the negative territory for four straight months
 "WPI inflation rises to 1.3% in September mainly on costlier food items")
Food prices push retail inflation to 8-month high of 7.34% in Sept
Inflation above RBI's comfort zone of 6% for six straight months, Q2 inflation slightly higher than MPC's projection, MPC may refrain from cutting rate in December policy too
 "Food prices push retail inflation to 8-month high of 7.34% in Sept")
Retail inflation at 8-month high in September; August IIP in negative zone
Industrial activity bore the brunt of localised lockdowns and work restrictions in August, chipping away nearly a tenth of the factory output
 "Retail inflation at 8-month high in September; August IIP in negative zone")
Now is not the time for stimulus
Next fiscal package must await fall in inflation
 "Now is not the time for stimulus")
How the three members in the new MPC plan to track CPI inflation
Business Standard brings you their take on G-secs, poverty and even blockchain
 "How the three members in the new MPC plan to track CPI inflation")
Best of BS Opinion: Not labour's love alone, BJP's new star in Bihar & more
Four labour legislations aim to attract investment and make it easier for companies to do business in India. Our opinion pieces talk about their impact, Bihar elections, and central banking.
 "Best of BS Opinion: Not labour's love alone, BJP's new star in Bihar & more")
Inflation targeting is a stupid policy
In trying to increase by a fairly random amount an index of prices that they largely can't control, central banks couldn't have done much more harm
 "Inflation targeting is a stupid policy")
India must stick to flexible inflation targeting, says Viral Acharya
Flexible inflation targeting policy has faced criticism recently on account of the high weighting given to food items in the inflation basket which have proven highly volatile
 "India must stick to flexible inflation targeting, says Viral Acharya")
Lagarde makes case for aligning ECB's inflation strategy with US Fed
The ECB is widely expected to follow in the footsteps of the Fed, which said last month it would aim for inflation of 2% on average
 "Lagarde makes case for aligning ECB's inflation strategy with US Fed")
RBI likely to keep interest rates unchanged in upcoming policy review
RBI Governor Shaktikanta Das had earlier said although there was headroom for further monetary policy action, it was important to keep "our arsenal dry and use it judiciously."
 "RBI likely to keep interest rates unchanged in upcoming policy review")
Japan's August consumer prices fall at fastest pace in four years
The core consumer price index (CPI), which includes oil products but excludes volatile fresh food prices, fell 0.4% in August from a year earlier
 "Japan's August consumer prices fall at fastest pace in four years")
Federal Reserve vows to keep interest rates near zero until inflation rises
The Fed's decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn't go far enough
 "Federal Reserve vows to keep interest rates near zero until inflation rises")
Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending
The reading of 0.2% was slightly higher than the zero forecast by economists, although the drop from July's reading of 1% was still the biggest since 2008
 "Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending")
RBI's 'impossible trinity' of problems: rupee, inflation, bond yields
As challenges mount, the central bank will need to strike a fine balance between managing the rupee, domestic liquidity and fiscal financing
 "RBI's 'impossible trinity' of problems: rupee, inflation, bond yields")
August WPI inflation up at 0.16% after being in negative zone for 4 months
The annual rate of inflation based on WPI Food Index decreased from 4.32 per cent in July to 4.07 per cent in August
 "August WPI inflation up at 0.16% after being in negative zone for 4 months")
Retail inflation to come down with easing of lockdowns: CEA Subramanian
According to the government data, retail inflation rose to 6.93 per cent in July, mainly driven by rising prices of food items like vegetables, pulses, meat and fish
 "Retail inflation to come down with easing of lockdowns: CEA Subramanian")
Inflation targeting: Indian experience may have lessons for the world
Rather than butting heads with the fiscal authority, or meekly toeing its line, the central bank should insist on pragmatic, rules-based cooperation
 "Inflation targeting: Indian experience may have lessons for the world")
August inflation number could be 'unpleasant', says SBI Research report
SBI Research Report says 'it's less hopeful' of any rate cut by the central bank this fiscal.
Global economy seeing V-shaped recovery, inflation may rise: Morgan Stanley
The global economy is likely to recover to pre-pandemic levels by early next quarter, about three months earlier than previously expected, economists at Morgan Stanley said
 "Global economy seeing V-shaped recovery, inflation may rise: Morgan Stanley")