Page 18 - Latest Updates on Inflation
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
 "Consumer price inflation likely to eased at 4.8% in April: Reuters poll")
Inflation 'settling' high could pose new risks for US Fed, economy
Inflation has been largely stalled for the first three months of the year at a rate, roughly 2.7%, that policymakers regard as still too far above their target to declare the job finished
 "Inflation 'settling' high could pose new risks for US Fed, economy")
Bank of England's rate cut plan set to differ from Federal Reserve's
Ahead of Thursday's decision, Governor Andrew Bailey has distanced Britain from resurgent consumer price pressures in the US, pointing to strong evidence of UK inflation receding
 "Bank of England's rate cut plan set to differ from Federal Reserve's")
One kg flour for Rs 800, roti for Rs 25: How bad is inflation in Pakistan?
Inflation in Pakistan is increasing sharply, making it difficult for people to buy basic necessities for their families' meals
 "One kg flour for Rs 800, roti for Rs 25: How bad is inflation in Pakistan?")
Pak finance ministry sees inflation at 18.5%-19.5% in April, easing in May
Gross domestic product growth for the second quarter of the fiscal year ending in June is estimated at 1% and expected to improve in the second half of the fiscal year, it said in its monthly report
 "Pak finance ministry sees inflation at 18.5%-19.5% in April, easing in May")
RBI launches two key surveys to get inputs for upcoming monetary policy
It also seeks quantitative responses on current, three months ahead and one-year ahead inflation rates
 "RBI launches two key surveys to get inputs for upcoming monetary policy")
German inflation creeps up to 2.4% in April on back of higher food prices
Euro zone inflation is expected to remain at 2.4%, unchanged from the previous month, according to economists polled by Reuters
 "German inflation creeps up to 2.4% in April on back of higher food prices")
Above-normal monsoon likely to ease food prices: Finance ministry
FinMin report says rupee expected to remain within comfortable range
 "Above-normal monsoon likely to ease food prices: Finance ministry")
Monsoon forecast bodes well, may ease inflation concerns, says report
India's food inflation, which accounts for nearly half of the overall consumer price basket, rose 8.52 per cent in March, compared with a 8.66 per cent rise in February
 "Monsoon forecast bodes well, may ease inflation concerns, says report")
Vegetable prices show mixed trends in Delhi despite heatwave rise
IMD warns heatwave to continue over east and peninsular India for next five days
 "Vegetable prices show mixed trends in Delhi despite heatwave rise")
Extreme weather conditions may pose risk to inflation, says RBI Bulletin
The retail based on the Consumer Price Index (CPI) has eased to 4.9 per cent in March after averaging 5.1 per cent in the preceding two months
Global woes spook mkts: Sensex sinks 793 pts, bonds weaken and rupee falls
Gold soars and FPIs sell Rs 8K cr equities
 "Global woes spook mkts: Sensex sinks 793 pts, bonds weaken and rupee falls")
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
 "Inflation down in key peers: Here's how some Brics countries fare")
US consumer sentiment declines in April, inflation expectations rise
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 77.9 this month, compared to a final reading of 79.4 in March
 "US consumer sentiment declines in April, inflation expectations rise")
Retail inflation eases to 4.85% in March, IIP grows 5.7% in February
The government has tasked the Reserve Bank to ensure inflation remains at 4%, with a margin of 2 per cent on either side
 "Retail inflation eases to 4.85% in March, IIP grows 5.7% in February")
Lok Sabha polls: CSDS survey reveals unemployment a key issue for voters
The CSDS-Lokniti 2024 pre-poll survey showed that 62 per cent of respondents across various demographics perceived a greater difficulty in securing employment in the past five years
 "Lok Sabha polls: CSDS survey reveals unemployment a key issue for voters")
Moderate US producer price, cost of services soothes inflation concerns
High inflation and persistent labor market strength have prompted financial markets and most economists to push back expectations for an initial Fed interest rate cut to September from June
Inflation pushing households slowly into debt: Jairam Ramesh slams govt
Congress general secretary Jairam Ramesh also stressed that the Congress' 'Nyay Patra' is a direct response to the "failures" of the government and said "dus saal anyay kaal" ends on June 4
 "Inflation pushing households slowly into debt: Jairam Ramesh slams govt")
Global capability centres in India see hiring dip amid western disturbances
Experts said that the reasons behind this could be a reflection of the uncertainties and slow recovery in the West and global markets, and also inflation and geopolitical conflict
 "Global capability centres in India see hiring dip amid western disturbances")
JPMorgan's Dimon warns inflation, wars creating risks not seen since WWII
The bank has found 400 use cases for AI so far, Dimon said, particularly in the bank's marketing, fraud and risk departments
 "JPMorgan's Dimon warns inflation, wars creating risks not seen since WWII")