Page 28 - Latest Updates on Inflation
FPI inflows hit 4-month low at Rs 12,262 cr in Aug on resurfacing inflation
This is the lowest investment in the last four months. Before this investment, FPIs invested over Rs 40,000 crore each in the past three months in Indian equities
 "FPI inflows hit 4-month low at Rs 12,262 cr in Aug on resurfacing inflation")
Pak caretaker PM Anwarul-Haq calls inflated electricity bills 'non-issue'
Kakar also said it was raised by some political parties and was a "tool" in their election campaigns
 "Pak caretaker PM Anwarul-Haq calls inflated electricity bills 'non-issue'")
As IMF reforms kick in, inflation in Pakistan stays high at 27.4%: Report
The inflation rate for food remained high at 38.5 per cent in August, according to figures from Pakistan's statistics department, despite a minor decline from July's 28.3 per cent rate
India's exports increased despite recession, with lowest inflation: Goyal
India's exports increased to $776 billion from 500 billion, two years ago, and this spectacular growth was achieved notwithstanding the recession he said
 "India's exports increased despite recession, with lowest inflation: Goyal")
Fed's inflation gauge shows modest rise in sign of slowing price increases
An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases
 "Fed's inflation gauge shows modest rise in sign of slowing price increases")
Europe's inflation held steady in Aug as CenBank keeps open mind on rates
Another key inflation number so-called core inflation that leaves out volatile fuel and food also eased in August, falling to 5.3% from 5.5%
 "Europe's inflation held steady in Aug as CenBank keeps open mind on rates")
US economic growth for last quarter is revised down to 2.1% annual rate
The American economy the world's largest has proved surprisingly durable in the midst of the Fed's aggressive campaign to stamp out a resurgence of inflation, which last year hit a four-decade high
 "US economic growth for last quarter is revised down to 2.1% annual rate")
Govt likely to focus on motor fuel prices ahead of 2024 polls: Citigroup
The government's decision to reduce liquefied petroleum gas could lower inflation by around 30 basis points, economists Samiran Chakraborty and Baqar M. Zaidi said in a note
 "Govt likely to focus on motor fuel prices ahead of 2024 polls: Citigroup")
Inflation will remain steady in coming months, growth on track: FinMin
Food price inflation rose to 11.5% in July, its highest in more than 3-1/2 years, while India is set to receive its sparsest monsoon rains in eight years
 "Inflation will remain steady in coming months, growth on track: FinMin")
Gas subsidy signals inflation as key plank for upcoming elections
The government said the decision "will bring respite to households across the nation" and "ensure access to essential commodities at reasonable rates"
 "Gas subsidy signals inflation as key plank for upcoming elections")
Only recession can tame West's inflation, says adviser to UK chancellor
While European Central Bank President Christine Lagarde and Powell offered few clues about their next steps at their upcoming decisions, each signaled ongoing concern about prices
 "Only recession can tame West's inflation, says adviser to UK chancellor")
India's farming input inflation saw marginal dip in last few months
WPI-based food inflation remained subdued since November last year, but rose in July, higher than the consumer price index inflation at 11.51 per cent
 "India's farming input inflation saw marginal dip in last few months")
Nationwide protests in Pak gain momentum against inflated electricity bills
Protests against the exorbitant electricity prices have spread across the entire nation, from Karachi to Khyber, and some protests are now turning violent
Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD
This will certainly lead to improvement in volume, but it will not happen overnight, said Sanjiv Puri, CMD, ITC here on the sidelines of the B20 Summit organised by the CII
 "Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD")
Global inflation pressures could become harder to manage in future: Study
The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation
Germany's inflation trauma of 1923 strikes an unpleasant chord today
Soaring energy costs helped trigger a recession that's exposed economic frailties. Heightened inequality, meanwhile, is fueling a resurgence of far-right political forces
 "Germany's inflation trauma of 1923 strikes an unpleasant chord today")
Fed's Powell says higher rates may be needed, will move 'carefully'
"It is the Fed's job to bring inflation down to our 2% goal, and we will do so," Powell said in a keynote address to the Jackson Hole Economic Policy Symposium
 "Fed's Powell says higher rates may be needed, will move 'carefully'")
Beyond forming an alliance: INDIA must offer more than the govt's criticism
Building the temple in Ayodhya, removing J&K's special status, and ending the so-called minority appeasement may be Mr PM's pitch to beat the criticism on inflation and unemployment, writes T N Ninan
 "Beyond forming an alliance: INDIA must offer more than the govt's criticism")
RBI may hike rates in case cereal inflation picks up, say analysts
According to the note, if price pressures around cereal inflation begin to pick up further, then the RBI may be forced to use rate action
 "RBI may hike rates in case cereal inflation picks up, say analysts")
B20 Summit India: My priority is to tame inflation, says FM Sitharaman
FTA with UK expected to be announced soon, says FM Nirmala Sitharaman
 "B20 Summit India: My priority is to tame inflation, says FM Sitharaman")