Page 3 - Latest Updates on Inflation
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
 "Inflation may remain relatively contained in coming months: FinMin report")
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")
US-Iran peace deal may help boost India's exports, stabilise rupee
Experts said the announcement, if implemented successfully, would reduce pressure on India's import bill, ease inflationary covers and create a more conducive environment for trade
 "US-Iran peace deal may help boost India's exports, stabilise rupee")
India's long-term consumption story intact despite challenges: KKR
The investment firm says rising incomes, premiumisation and financial deepening continue to support India's long-term growth outlook despite energy and AI-related pressures
 "India's long-term consumption story intact despite challenges: KKR")
Inflation likely rose to 4% in May amid rising food, fuel costs: Poll
RBI Governor Sanjay Malhotra said underlying inflation pressures remained benign, although second-round effects warranted vigilance
 "Inflation likely rose to 4% in May amid rising food, fuel costs: Poll")
Indian companies hike prices, shrink packs as Iran war squeezes margins
The US-Israeli war on Iran has disrupted trade routes and lifted input costs globally, hitting import-reliant economies like India harder, where a weaker rupee is adding to inflation
 "Indian companies hike prices, shrink packs as Iran war squeezes margins")
EMs in the oil shock: Policymakers are going into an examination hall
The 2026 oil shock is testing emerging economies, with fuel pricing, exchange-rate flexibility and inflation control set to determine growth outcomes
 "EMs in the oil shock: Policymakers are going into an examination hall")
RBI policy: 'Inflation target sacrosanct for us, not in abeyance at all'
RBI Governor Sanjay Malhotra said the 4% inflation target remains sacrosanct, while stressing a data-driven approach amid supply-side risks and uncertainty
 "RBI policy: 'Inflation target sacrosanct for us, not in abeyance at all'")