Page 37 - Latest Updates on Inflation
China's slow consumer inflation, deepening deflation to test policy
The consumer price index (CPI) in April rose 0.1% year-on-year, the lowest rate since February 2021, and cooling from the 0.7% annual gain seen in March, the National Bureau of Statistics (NBS) said
 "China's slow consumer inflation, deepening deflation to test policy")
Inflation likely to hit 18-month low in April as price rise moderates: Poll
Predictions ranged from 4.40% to 5.80%, with respondents expecting inflation to remain below the RBI's 6.00% upper tolerance limit for the second consecutive month
 "Inflation likely to hit 18-month low in April as price rise moderates: Poll")
OECD CPI falls to 7.7% in March 2023, as energy inflation continues to drop
Energy prices declined by 0.9 percentage point in March. Food inflation and inflation less food less energy increased slightly
 "OECD CPI falls to 7.7% in March 2023, as energy inflation continues to drop")
Inflation slightly above 'tolerance limit', govt working to control it: FM
India's annual retail inflation for March rose at the slowest pace in nearly 15 months
 "Inflation slightly above 'tolerance limit', govt working to control it: FM")
For a veg thali of Rs 100, Indians paid Rs 109 in 2022; Rs 132 for non-veg
The rise was sharper in the case of non-veg thali because chicken prices rose 55% between April and December
 "For a veg thali of Rs 100, Indians paid Rs 109 in 2022; Rs 132 for non-veg")
ECB raises rates by 25 bps to 3.25% in inflation fight in a 7th hike
The central bank for the 20 countries that share the euro has now lifted rates by a combined 375 basis points since last July, its fastest pace of tightening
 "ECB raises rates by 25 bps to 3.25% in inflation fight in a 7th hike")
19.6 mn guarantee cards distributed via 3,000 relief camps in Rajasthan: CM
Rajasthan Chief Minister Ashok Gehlot said 19.6 mn guarantee cards have been distributed in the state through the ongoing Mahangai Rahat camps where registration for 10 govt schemes is being done
 "19.6 mn guarantee cards distributed via 3,000 relief camps in Rajasthan: CM")
IMF says inflation, rate hikes to slow growth across Mideast this year
Rising interest rates, used by central banks worldwide to try to stem inflation's rise, increase the costs of borrowing money. That will affect nations carrying heavier debts, the IMF warned
 "IMF says inflation, rate hikes to slow growth across Mideast this year")
Pakistan's inflation outpaces Sri Lanka as Asia's fastest amid food crisis
Consumer prices rose 36.4% in April from a year earlier, the highest since 1964, according to data released by the statistics department Tuesday
 "Pakistan's inflation outpaces Sri Lanka as Asia's fastest amid food crisis")
Europe's inflation inches up ahead of central bank's interest rate decision
Food prices eased a little, falling to an annual 13.6 per cent from March's 15.5 per cent, while energy prices rose a more modest 2.5 per cent
Stagflation is the risk that eludes investors mispricing financial markets
That highlights the risk of mispricing in short-term interest rates market, which are pricing in one to two quarter-point rate cuts by the end of this year
 "Stagflation is the risk that eludes investors mispricing financial markets")
What about 'Mann ki Baat' on inflation and unemployment? Maha Cong chief
Maharashtra Congress president Nana Patole wondered when Prime Minister Narendra Modi will do a 'Mann ki Baat' on issues such as inflation and unemployment
 "What about 'Mann ki Baat' on inflation and unemployment? Maha Cong chief")
Europe's economy barely gains momentum as inflation pinches consumers
Spain and Italy performed better, both growing 0.5 per cent, while France managed a 0.2 per cent expansion thanks to exports
 "Europe's economy barely gains momentum as inflation pinches consumers")
Jharkhand Congress observes fast to protest against inflation, unemployment
The Jharkhand unit of Congress observed fast as part of its Jai Bharat Satyagraha' programme here on Wednesday to protest against inflation and unemployment in the country.
 "Jharkhand Congress observes fast to protest against inflation, unemployment")
Aus inflation passes peak but cost-of-living pressures still felt: Official
Australia's Treasurer Jim Chalmers on Wednesday said the country has passed the peak of the inflation crisis but cost-of-living pressures would hang around
 "Aus inflation passes peak but cost-of-living pressures still felt: Official")
Supply side problems adding to inflation, govt monitoring continuously: FM
The Union Minister was responding to a question on price rise and measures being taken by the government
 "Supply side problems adding to inflation, govt monitoring continuously: FM")
Inflation and its discontents
Central banks are incapable of dealing with the political and economic outcomes of inflation, and the sooner this is recognised, the less dangerous the consequences will be going forward
 "Inflation and its discontents")
Indian firms' to slow down IT spending due to cost, global factors: Study
Inflation and currency devaluations make technology investments costlier, it says
 "Indian firms' to slow down IT spending due to cost, global factors: Study")
Inflation relief camp 'Mehangai Rahat' finds many takers in Rajasthan
Around 650,000 people across the state had reportedly registered themselves under different welfare schemes of the state government to get relief from inflation
 "Inflation relief camp 'Mehangai Rahat' finds many takers in Rajasthan")
Raw material inflation may dent Nestle India's Q1CY23 margins YoY: Analysts
Nestle India Q1CY23 preview: While Indian business is likely to report double-digit revenue growth on a YoY basis, the international business is estimated to grow in mid-single digits, said analysts
 "Raw material inflation may dent Nestle India's Q1CY23 margins YoY: Analysts")