Page 34 - Latest Updates on Inflation
Turkey to continue monetary disciplines, market rules to tackle inflation
Turkish Vice President Cevdet Yilmaz said that the govt would maintain existing monetary disciplines and follow free market rules while raising overall economic competitiveness to curb inflation
 "Turkey to continue monetary disciplines, market rules to tackle inflation")
Inflation tops expectations in Sweden. Experts say Beyonce is to blame
Data from the Swedish govt showed that the high inflation in May was primarily driven by a rise in hotel and restaurant prices in the country; experts say it was due to Beyonce's Renaissance tour
 "Inflation tops expectations in Sweden. Experts say Beyonce is to blame")
Haryana tops in inflation, unemployment, crime: Ex-CM Bhupinder Hooda
Reacting to the report, Hooda said inflation in the state has become so alarming that it has crossed the highest level fixed by the Reserve Bank of India (RBI), along with all states
 "Haryana tops in inflation, unemployment, crime: Ex-CM Bhupinder Hooda")
Dollar down on soft inflation data as traders price in Fed rate hike skip
The dollar index - which measures the performance of the U.S. currency against six others - dipped 0.2% to 103.14, after touching its lowest since May 22 overnight at 103.04
 "Dollar down on soft inflation data as traders price in Fed rate hike skip")
May WPI inflation cools down further to -3.48%, lowest since November 2015
This is the second month in a row when wholesale inflation in India has been in the negative territory
 "May WPI inflation cools down further to -3.48%, lowest since November 2015")
Disinflation process is likely to be slow and protracted, says RBI Governor
Reserve Bank Governor Shaktikanta Das on Tuesday said the disinflation process in India will be slow
 "Disinflation process is likely to be slow and protracted, says RBI Governor")
Retail price inflation for wheat, rice, jeera, tur remains on the boil
Government imposes limits on the quantity of wheat that traders, wholesalers can hold until March 31
 "Retail price inflation for wheat, rice, jeera, tur remains on the boil")
Sizzling rally in Indian property stocks seen extending over cuts on rates
The NSE Nifty Realty Index has gained 36% since a March-low as cooling inflation allowed the Reserve Bank of India to keep rates on hold
 "Sizzling rally in Indian property stocks seen extending over cuts on rates")
The not-so-peculiar inflation in Turkey
There are reasons why inflation has decreased despite the central bank's low interest rate policy
 "The not-so-peculiar inflation in Turkey")
TMS EP452: Byju's debt crisis, Apple Vision Pro, market, sellers' inflation
How can Byju's get out of its debt crisis? How will Apple Vision Pro change the user experience? How to identify potential winners in the stock market? What is sellers' inflation? Answers here
 "TMS EP452: Byju's debt crisis, Apple Vision Pro, market, sellers' inflation")
Inflation, IIP data, US Fed decision to guide markets this week: Analysts
Announcement of macroeconmic data such as industrial production and inflation, the US Federal Reserve's interest rate decision along with trends in global equities
 "Inflation, IIP data, US Fed decision to guide markets this week: Analysts")
Consumers as political bellwether: What duality in sentiment may mean
If inflation cools, employment improves, and growth is above average, it is possible the current consumer confidence level will cross 100 again, for the first time since 2019, writes T N Ninan
 "Consumers as political bellwether: What duality in sentiment may mean")
Cash-strapped Pakistan's economy shows 0.29% GDP growth, inflation over 29%
The economic situation has never been so grim in a country which since independence has thrice seen military coups and the ouster of elected governments
 "Cash-strapped Pakistan's economy shows 0.29% GDP growth, inflation over 29%")
Market snaps four-day winning streak ahead of RBI MPC announcement
The blue-chip Nifty 50 index closed 0.49% lower at 18,634.55, while the benchmark S&P BSE Sensex fell 0.47% to 62,848.64
 "Market snaps four-day winning streak ahead of RBI MPC announcement")
Inflation may inch down in May-June, indicates Monetary Policy Committee
Economic growth projections were retained at 6.5%, with first two quarters expected to deliver slightly more. Second half likely to yield moderately less pace of growth than assessed in April
RBI Policy: Repo rate unchanged at 6.5%, RBI cuts FY24 inflation projection
RBI Monetary Policy: The rate-setting committee decided to continue with its stance of 'withdrawal of accommodation'
 "RBI Policy: Repo rate unchanged at 6.5%, RBI cuts FY24 inflation projection")
India's inflation has likely cooled to a 20-month low in May: Poll
The poll of 45 economists predicted inflation measured by the CPI rose at an annual rate of 4.42% in May, down from 4.70% in April and set to be the lowest since October 2021
 "India's inflation has likely cooled to a 20-month low in May: Poll")
RBI Monetary Policy set to be announced today; here's what to expect
RBI Monetary Policy: This will be the third time in 2023 that the MPC will announce its policy decision
 "RBI Monetary Policy set to be announced today; here's what to expect")
UK to have one of highest inflation rates in the world in 2023: OECD
The UK will grow by 0.3 per cent this year and 1 per cent in 2024, according to the Economic Outlook
 "UK to have one of highest inflation rates in the world in 2023: OECD")
Australia's economic growth slows amid inflation, cost-of-living increases
The household saving ratio fell from 4.4 per cent in the last quarter of 2022 to 3.7 per cent, the lowest figure since 2008