Page 26 - Latest Updates on Inflation
Chhattisgarh reins in inflation at reasonable rates among poll-bound states
If the first six months of this financial year are taken into account, it was high inflation in Mizoram too though a bit less than the national average.
 "Chhattisgarh reins in inflation at reasonable rates among poll-bound states")
Food insecurity shot up last year with inflation, end of Covid aid: Report
Analysts and food security professionals point to the dual impact last year of high inflation and the gradual expiration of multiple pandemic-era government assistance measures
 "Food insecurity shot up last year with inflation, end of Covid aid: Report")
Demand, supply mismatch pushing up vegetable inflation frequently: CRISIL
A study by rating agency Crisil found that vegetable inflation has been the most volatile in the food category, in fact.
 "Demand, supply mismatch pushing up vegetable inflation frequently: CRISIL")
4% inflation focus may not signal 'higher for longer' rates: MPC members
"The focus, therefore, naturally shifts to the next stage of bringing the inflation to the target level," said Varma, adding that there is no ambiguity in the eventual inflation goal of 4%
 "4% inflation focus may not signal 'higher for longer' rates: MPC members")
Strengthening US dollar is a global risk: RBI's state of the economy report
"The Indian rupee has also exhibited low volatility and orderly movements relative to peers, in spite of the elevated US treasury yields and a stronger dollar," the RBI report says
 "Strengthening US dollar is a global risk: RBI's state of the economy report")
Inflation in UK unchanged at 6.7% in Sept, still way more than BoE's target
The flat reading reported by the Office for National Statistics was disappointing as most economists had predicted another, albeit modest, fall
 "Inflation in UK unchanged at 6.7% in Sept, still way more than BoE's target")
Wholesale inflation hits 6 month high in Sept but stays in negative
Food inflation decreased significantly to 3.35 per cent in September from 10.6 per cent in August
 "Wholesale inflation hits 6 month high in Sept but stays in negative")
Weekend Bites: Another war, trouble in IT paradise, carmakers, 'those guys'
In which we munch over the week's platter of news and views
 "Weekend Bites: Another war, trouble in IT paradise, carmakers, 'those guys'")
Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%
Closing Bell on Friday, October 13, 2023: Among sectors, the Nifty PSU Bank index fell 1.4 per cent, while the Nifty Auto index gained 0.88 per cent
 "Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%")
China's consumer inflation rate flatlines in Sept amid precarious recovery
Core CPI - which strips out volatile food and energy costs - rose 0.8%, same as August. Producer prices fell 2.5%, moderating slightly from the prior month's decline
 "China's consumer inflation rate flatlines in Sept amid precarious recovery")
13 states report higher inflation numbers; rising trend among BRICS peers
Overall inflation in India rose 5.02 per cent for the month of September
 "13 states report higher inflation numbers; rising trend among BRICS peers")
Clicking towards record: Festival season spurs online shopping spree
Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled
 "Clicking towards record: Festival season spurs online shopping spree")
Managing expectations
Sustained higher inflation can affect outlook
 "Managing expectations")
Higher-for-longer rates will keep constricting global economy: World Bank
Both Ajay Banga, the institution's president, and Chief Economist Indermit Gill warned that the fallout from the sudden shift to an era of elevated borrowing costs may be tough
 "Higher-for-longer rates will keep constricting global economy: World Bank")
Inflation seen easing to 5.50% in Sept on softening food price rises: Poll
Inflation, as measured by the annual change in the CPI , was forecast to have fallen to 5.50% in September from 6.83% in August, according to an Oct. 3-9 Reuters poll of 66 economists
 "Inflation seen easing to 5.50% in Sept on softening food price rises: Poll")
IMF warns of stubborn inflation and weaker global growth in the coming year
In most countries, the IMF, an institution charged with monitoring the health of the global economy, foresees inflation remaining above central bank targets until 2025
 "IMF warns of stubborn inflation and weaker global growth in the coming year")
Inflation expectations moderate in September 2023, says RBI survey
The results of the September 2023 round of its bi-monthly survey were released alongside the monetary policy review
Monetary policy review: Challenging the status quos and dilemmas
Inflation should remain largely range bound in the coming months (5-6 per cent)
 "Monetary policy review: Challenging the status quos and dilemmas")
China's demographic tea leaves
Its economic problems due to ageing, low birth rate, and poor gender ratios should serve as a wake-up call for India
 "China's demographic tea leaves")
RBI's decision will support growth and check inflation, say experts
The Reserve Bank will announce the next bi-monthly monetary policy on December 8
 "RBI's decision will support growth and check inflation, say experts")