Page 2 - Latest Updates on Inflation
Crude prices could influence growth, inflation: EAC-PM chief S Mahendra Dev
EAC-PM Chairman S Mahendra Dev said higher crude prices and supply disruptions from the West Asia conflict could weigh on India's growth and inflation
 "Crude prices could influence growth, inflation: EAC-PM chief S Mahendra Dev")
India's shrinking bond yield cushion: Why the US-India spread matters
India's 10-year bond yield premium over the US has narrowed to around 250 basis points, well below its decade average. But does that mean RBI will cut rates? Let's find out
 "India's shrinking bond yield cushion: Why the US-India spread matters")
Best of BS Opinion: Govt must allow greater price adjustments
From rising oil pressures and coal gasification to urban housing reform and RBI policy, today's BS Opinion explores the economic and structural challenges shaping India's future
 "Best of BS Opinion: Govt must allow greater price adjustments")
Is India's inflation targeting too rigid for this oil-shock climate?
A credible framework requires credible measures of price expectations
 "Is India's inflation targeting too rigid for this oil-shock climate?")
IMF backs targeted relief over broad subsidies amid oil price surge
The multilateral institution has urged governments to avoid broad-based subsidies and instead adopt targeted fiscal measures to manage inflation and protect vulnerable households
 "IMF backs targeted relief over broad subsidies amid oil price surge")
RBI likely to hold repo rate at 5.25% through FY27: India Ratings
India Ratings projects GDP growth at 6.7% and inflation at 4.4%, warning that higher crude prices and West Asia tensions may pressure growth and trade deficit
 "RBI likely to hold repo rate at 5.25% through FY27: India Ratings")
Nobel-winning economist Edmund Phelps reshaped modern thinking on inflation
The Nobel laureate's work on inflation expectations and unemployment transformed economic policymaking and influenced central banks around the world
 "Nobel-winning economist Edmund Phelps reshaped modern thinking on inflation")
'Fuel price hike raises inflation woes; Rupee eyes 96.80 on higher crude'
Petrol and diesel prices were raised by ₹3 per litre as Brent crude stayed above $105 per barrel. Here's how rising fuel prices could impact inflation and the rupee
 "'Fuel price hike raises inflation woes; Rupee eyes 96.80 on higher crude'")
'Further fuel price hikes may intensify FPI selling in Indian markets'
Elevated crude oil prices further worsen India's inflation-growth trade-off by putting pressure on the rupee, widening the current account deficit, & limiting the scope for aggressive monetary easing
 "'Further fuel price hikes may intensify FPI selling in Indian markets'")
MPC to look through West Asia shock if it's transitory: RBI Governor
Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra
 "MPC to look through West Asia shock if it's transitory: RBI Governor")
US consumer inflation rises 3.8% in April, highest since May 2023
In the 12 months through April, the CPI advanced 3.8 per cent . That was the biggest year-on-year increase since May 2023 and followed a 3.3 per cent rise in March
 "US consumer inflation rises 3.8% in April, highest since May 2023")
Beyond appeals: Prices are the best way to change consumer behaviour
If the government allows prices to adjust swiftly in response to the changed supply situation, then people will automatically follow suit
 "Beyond appeals: Prices are the best way to change consumer behaviour")
China's April producer inflation hits 45-month high on energy price shock
The producer price index (PPI) increased 2.8 per cent from a year earlier, National Bureau of Statistics (NBS) data showed
 "China's April producer inflation hits 45-month high on energy price shock")
FMCG firms bracing for another round of price increases amid inflation
Executives of FMCG makers, which have already gone for recent price hikes of around 3 to 5%, in latest earnings calls have indicated either ongoing price increases or readiness to raise prices further
 "FMCG firms bracing for another round of price increases amid inflation")
India's April consumer inflation likely rose to 3.8% on higher fuel costs
Indian companies raised prices of LPG, widely used as a cooking fuel in households, in March after the West Asia conflict disrupted energy supplies, an effect economists said likely carried into April
 "India's April consumer inflation likely rose to 3.8% on higher fuel costs")
Asia's heat waves spell double trouble for economies hit by oil price shock
Inflation accelerated to multiyear highs across much of Asia, latest figures showed, led by higher transport, logistics and utility costs
 "Asia's heat waves spell double trouble for economies hit by oil price shock")
India may consider lower inflation target, narrower band: RBI Deputy Guv
The government, after consultation with the RBI, has notified the inflation target framework for a five year period through March 31, 2031
 "India may consider lower inflation target, narrower band: RBI Deputy Guv")
Hidden cost of war on wealth: Capital compounding may be less forgiving
Instead of panic, respond with preparedness; keep separate money pools of money for short-, medium-, and long-term needs
 "Hidden cost of war on wealth: Capital compounding may be less forgiving")
Best of BS Opinion: India's FTA with New Zealand shows agile deal-making
From India's FTA strategy and Sun Pharma's global ambitions to LPG shortages, West Asia risks and Asean ties, here are the key insights from today's Opinion page
 "Best of BS Opinion: India's FTA with New Zealand shows agile deal-making")
Heatwaves, weak monsoon and oil surge may push India's inflation higher
This year's adverse weather conditions will likely push inflation above 5 per cent in the fiscal year beginning April 1, exceeding the RBI's projection of 4.6 per cent
 "Heatwaves, weak monsoon and oil surge may push India's inflation higher")