Page 34 - Latest Updates on Inflation
Crypto wrap: Market highly volatile amid mixed signals from macro data
In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of
 "Crypto wrap: Market highly volatile amid mixed signals from macro data")
UN world food price index hit almost 2 years low at 122.3 points in June
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally-traded food commodities, averaged 122.3 points in June
 "UN world food price index hit almost 2 years low at 122.3 points in June")
No respite, tomato price further shoots up to Rs 162/kg in many parts
A maximum rate of Rs 162 per kg was quoted in Shahjahanpur in Uttar Pradesh, while the minimum rate was Rs 31 per kg in Churu district of Rajasthan, the data showed
 "No respite, tomato price further shoots up to Rs 162/kg in many parts")
Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB
With another hike in interest rates anticipated by the Federal Reserve and the European Central Bank for July, and some peers on a similar track
 "Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB")
Consumer demand revival may take one more year despite moderating inflation
RBI's MPC said going forward, the inflation trajectory would be guided by food dynamics
 "Consumer demand revival may take one more year despite moderating inflation")
Tomato prices will cool down in next 15 days; normalise in a month: Govt
Consumer Affairs Secretary Rohit Kumar Singh, in a media briefing, also said the retail prices of tomato in the national capital will come down immediately on improved supplies from Solan and Sirmaur
 "Tomato prices will cool down in next 15 days; normalise in a month: Govt")
Europe inflation falls to 5.5%, but that won't stop ECB rate hikes
The annual rate of 5.5% was down from 6.1% in May in the 20 countries that use the euro currency, the European Union statistics agency Eurostat said
 "Europe inflation falls to 5.5%, but that won't stop ECB rate hikes")
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
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")