Page 36 - Latest Updates on Inflation
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
Persistent inflation, rising rates will weigh on global economy: OECD
"The global economy is turning a corner but faces a long road ahead to attain strong and sustainable growth," the intergovernmental organisation said
 "Persistent inflation, rising rates will weigh on global economy: OECD")
RBI not to remove its finger from repo rate pause button: Experts
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may not remove its finger from the repo rate pause button it had hit in April 2023, said experts
 "RBI not to remove its finger from repo rate pause button: Experts")
RBI's efforts to drain liquidity signal its intent to quash inflation
The RBI drained 508.7 billion rupees from the banking system on June 2 through a 14-day reverse repo auction, and it removed another Rs 666.4 billion via a four-day operation on June 5
 "RBI's efforts to drain liquidity signal its intent to quash inflation")
Expected pause, surprise on stance?
A change in stance could be inferred by the markets as a definite sign of rates peaking. MPC needs to be comfortable with expressing the softer-than 'pause but not a pivot' view of the April policy
 "Expected pause, surprise on stance?")
May services PMI at 61.2 as demand remains resilient amid rising inflation
India's headline figure has been in the expansion zone for 23 months straight since August 2021
 "May services PMI at 61.2 as demand remains resilient amid rising inflation")
MPC likely to hit pause again on repo rate: Business Standard Poll
Most economists see FY24 inflation forecast likely being revised downward to 5% but no change in stance
 "MPC likely to hit pause again on repo rate: Business Standard Poll")
Global food costs at two-year low in May but grocery bills stay high
A United Nations' index of food-commodity prices fell 2.6% in May, as declines in grains, vegetable oil and dairy offset higher sugar and meat costs
 "Global food costs at two-year low in May but grocery bills stay high")