Page 34 - Latest Updates on Inflation
One in every 10 retail borrowers missing monthly payments: RBI report
According to RBI's financial stability report, the total of SMA-0, SMA-1 and SMA-2 in the retail advances in the public sector banks was 9.4% as of March 31
 "One in every 10 retail borrowers missing monthly payments: RBI report")
Inflation in Germany reaches 6.8%, while Spanish CPI hits 1.6% YoY in June
German consumer prices jumped 6.8 per cent in June from a year earlier, up from May's 6.3 per cent, the state statistics office Destatis said
 "Inflation in Germany reaches 6.8%, while Spanish CPI hits 1.6% YoY in June")
Prices of tomato, ginger soar in Jammu amid heavy rainfall, landslides
The recent price surge due to a demand-supply gap has posed significant challenges for low-income individuals who struggle to afford essential commodities
 "Prices of tomato, ginger soar in Jammu amid heavy rainfall, landslides")
Explained: Is greedflaition for real? Here's all you need to know
Recently, there has been an increasing consensus in Europe and US that Greedflation is driving the rising cost of living rather than just inflation, but what is this phenomenon
 "Explained: Is greedflaition for real? Here's all you need to know")
India's rating upgrade hinges on sustainable fiscal consolidation: S&P
The RBI will not be in a hurry to cut rates until inflation risks have fully ebbed, said Vishrut Rana, senior economist, Asia-Pacific at S&P
 "India's rating upgrade hinges on sustainable fiscal consolidation: S&P")
Soaring tomato prices burn a hole in common man's pocket due to low supply
The sky-rocketing price of tomatoes in Uttar Pradesh is forcing the common people to cut down on their daily food menu
Markets have been over-optimistic in foreseeing rate cuts: Rahul Bhuskute
The biggest possible risk for Indian equities and for all asset classes globally is the possibility of delayed interest rate cuts by central banks globally, says Rahul Bhuskute, CIO, Bharti AXA Life
 "Markets have been over-optimistic in foreseeing rate cuts: Rahul Bhuskute")
Popstars could be powering inflation as concert prices surge, fans pay more
Fans are shelling out a fortune for tickets to see the world's biggest music acts, including names like Taylor Swift and Bruce Springsteen who haven't toured for years
 "Popstars could be powering inflation as concert prices surge, fans pay more")
'RBI need not rush to ease rates unless certain of stable-low inflation'
Bhide's comments echo that of Governor Shaktikanta Das that a pivot can be considered when price-gains settle near the mid-point of its 2%-6% range on a durable basis
 "'RBI need not rush to ease rates unless certain of stable-low inflation'")
BIS warns the world economy at critical juncture in inflation fight
Despite relentless rate hikes over last 18 months, inflation in many top economies remains high, while jump in borrowing costs triggered serious banking collapses since financial crisis 15 years ago
 "BIS warns the world economy at critical juncture in inflation fight")
Inflation is slowing down personal consumption expenditure: RBI report
Even if the central bank has not ruled out further interest rate hikes, bank lending and deposit rates have started to soften
 "Inflation is slowing down personal consumption expenditure: RBI report")
Inflation is slowing down personal consumption expenditure: RBI paper
The Reserve Bank, however, said the views expressed in the bulletin articles are of the authors and do not represent the views of the Reserve Bank of India
 "Inflation is slowing down personal consumption expenditure: RBI paper")
Rate hikes depend on India's inflation, not Fed, say external MPC members
Domestic markets have been concerned about India being pressured to follow the US Federal Reserve in raising rates to ensure that a too-narrow rate differential does not restrict dollar inflows
 "Rate hikes depend on India's inflation, not Fed, say external MPC members")
Interest rate hikes echo globally as inflation proves unrelenting
Swiss officials showed they're not ready to call time on monetary action either, even with inflation near 2%
 "Interest rate hikes echo globally as inflation proves unrelenting")
RBI governor Das says job half done as MPC focuses on 4% inflation target
External members, however, point out high real rate, minutes show
 "RBI governor Das says job half done as MPC focuses on 4% inflation target")
UK inflation steady at 8.7% against forecasts, BoE set to raise rates
CPI across UK was unchanged at 8.7% against expectations for modest decline, official figures showed on Wednesday, a development that is set to see Bank of England raise the cost of borrowing again
 "UK inflation steady at 8.7% against forecasts, BoE set to raise rates")
Intense El Nino may push inflation up by 15-20 basic points, say experts
A deficient monsoon could push food inflation by 50-60 basis points; it is likely to have lower than 50 bps impact on headline inflation that the RBI talks about as potential negative impact
 "Intense El Nino may push inflation up by 15-20 basic points, say experts")
Wages are finally rising in Japan, as inflation eats away at consumer gains
Wages have languished since Japan's financial bubble burst in the 1990s, and the economy has stagnated
 "Wages are finally rising in Japan, as inflation eats away at consumer gains")
Export growth still depends on demand in Europe, North America
The government is pinning its hopes on increased investment that its Production Linked Incentives (PLI) scheme may attract
 "Export growth still depends on demand in Europe, North America")
Govt reform measures helping Indian economy to grow at faster pace: Goyal
The commerce and industry minister also said that the government has managed the rate of inflation in single digits
 "Govt reform measures helping Indian economy to grow at faster pace: Goyal")