Page 2 - Latest Updates on Inflation
Gold may hit $5k on easing geopolitical risks: Kaynat Chainwala, Kotak Sec
Gold's near-term direction depends on whether June CPI marks the start of a durable disinflation trend or a temporary pullback driven by energy base effects.
 "Gold may hit $5k on easing geopolitical risks: Kaynat Chainwala, Kotak Sec")
US consumer inflation slows 0.4% in June, but Fed rate hike fears linger
US consumer inflation eased more than expected in June as energy prices retreated, though markets still see a possibility of a Federal Reserve rate increase this year
 "US consumer inflation slows 0.4% in June, but Fed rate hike fears linger")
India's retail inflation breaches RBI target to hit 4.38% in June
Fuel costs lift food prices; experts don't expect rate hike
 "India's retail inflation breaches RBI target to hit 4.38% in June")
A new index at the factory gate: Why India's PPI matters beyond inflation
After more than two decades in the making, India's Producer Price Index is beginning to reshape industrial output, GDP measurement and the country's broader statistical framework
 "A new index at the factory gate: Why India's PPI matters beyond inflation")
A few officials saw case for June rate hike: Federal Reserve minutes
Fed minutes show some officials considered a rate hike as persistent inflation, energy prices and AI-driven demand kept pressure on the US interest-rate outlook
 "A few officials saw case for June rate hike: Federal Reserve minutes")
India's consumer inflation likely rose above RBI's 4% target in June: Poll
This would also be the highest inflation reading since India introduced its revised consumer price index series with a new base year and updated consumption basket in January
IMF trims India's FY27 growth forecast to 6.4% from 6.5% in April
The IMF has cut India's FY27 growth forecast to 6.4 per cent, saying higher energy prices outweigh resilient economic activity, while raising its FY28 projection
 "IMF trims India's FY27 growth forecast to 6.4% from 6.5% in April")
US job growth misses expectations in June; unemployment rate falls to 4.2%
US job growth slowed sharply in June, but the unemployment rate fell to 4.2%, suggesting the labour market remains resilient despite weaker hiring
 "US job growth misses expectations in June; unemployment rate falls to 4.2%")
War-led input cost hikes impacted Q1: HUL chairman Nitin Paranjpe
HUL chairman says higher commodity costs following the West Asia conflict will weigh on Q1, but expects easing ahead and says the company remains well placed to manage short-term volatility
 "War-led input cost hikes impacted Q1: HUL chairman Nitin Paranjpe")
Inflation may remain relatively contained in coming months: FinMin report
The report said the cessation of the conflict in West Asia had also brightened the growth outlook and reduced external deficit risks
Beyond chips, IMF warns AI wealth boom could fuel inflation risks
Booming technology stocks are swelling retirement accounts and investment portfolios, leaving consumers feeling richer and more willing to spend on vacations, homes and other big-ticket purchases
 "Beyond chips, IMF warns AI wealth boom could fuel inflation risks")
Goldman Sachs lifts FY27 India growth forecast to 6.5% as oil price easing
Brokerage cites easing oil prices after the US-Iran peace deal, raises India's FY27 growth forecast to 6.5% and lowers headline inflation projection to 4.9%
 "Goldman Sachs lifts FY27 India growth forecast to 6.5% as oil price easing")
Best of BS Opinion: Weather risks, state finances and Trump's economics
Today's opinions examine monsoon uncertainty, RBI's NBFC framework, worsening state finances, Donald Trump's economic approach and the future of modern feminism
 "Best of BS Opinion: Weather risks, state finances and Trump's economics")
Energy stress, weak monsoon to slow India's growth to 6.6% in FY27: S&P
The rating agency expects higher inflation, a possible RBI rate hike and slower economic growth amid energy market disruptions and below-normal monsoon conditions
 "Energy stress, weak monsoon to slow India's growth to 6.6% in FY27: S&P")
Foreign currency inflows to support domestic liquidity: RBI's MPC member
The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya
 "Foreign currency inflows to support domestic liquidity: RBI's MPC member")
Minutes of June MPC meet: Members wary of generalisation of inflation
RBI Monetary Policy Committee members highlighted risks of inflation becoming broad-based and stressed uncertainty around growth and prices due to the West Asia conflict
 "Minutes of June MPC meet: Members wary of generalisation of inflation")
P&G India sees rural consumption growth soften amid inflation pressures
The FMCG major said rural demand continues to outpace urban consumption, but inflation, delayed monsoon and global uncertainties are beginning to weigh on growth
 "P&G India sees rural consumption growth soften amid inflation pressures")
Medical costs up, ICICI Lombard makes a case for higher health cover
The insurer said customers should consider higher sums insured to keep pace with rising treatment costs, while stressing that the final decision rests with policyholders
 "Medical costs up, ICICI Lombard makes a case for higher health cover")
India's wholesale inflation rises to 9.68% in May on high fuel, food prices
Rising energy costs linked to the West Asia conflict drove fuel inflation to 30.33 per cent, while food inflation climbed to 4.49 per cent in May
 "India's wholesale inflation rises to 9.68% in May on high fuel, food prices")
Inflation worries keep markets wary even after US-Iran peace deal
A drop in oil prices may ease inflation and give central banks more flexibility, but key issues, including Iran's nuclear program, sanctions relief and future operations of Hormuz remain unsettled
 "Inflation worries keep markets wary even after US-Iran peace deal")