Page 6 - Latest Updates on Inflation
Bank of England holds interest rate at 4.5% as inflation remains high
Minutes from the meeting showed that eight members voted to keep policy unchanged, with one backing a quarter-point reduction
 "Bank of England holds interest rate at 4.5% as inflation remains high")
India's wholesale inflation increases slightly to 2.38% in February
The inflation was led by acceleration in the prices of manufactured goods categories like food products
 "India's wholesale inflation increases slightly to 2.38% in February")
Inflation eases, but RBI may not go for aggressive rate cuts: Economists
India's headline CPI inflation eased to 3.61 per cent in February - the lowest since July 2024 - on the back of a sharp decline in food inflation, mostly due to lower vegetable prices
 "Inflation eases, but RBI may not go for aggressive rate cuts: Economists")
Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan
Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport
 "Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan")
Recession risk: Rising uncertainty casts a shadow over US economic outlook
The New York Federal Reserve runs a "recession probability gauge", which serves to aggregate predictions of recessions. This index has hit its third-highest peak in decades for August 2025
 "Recession risk: Rising uncertainty casts a shadow over US economic outlook")
Home prices to climb faster than inflation this year, rents even more: Poll
Average home prices in India will surge 6.5 per cent this year and 6.0 per cent next, following a rise of about 4.0 per cent last year
 "Home prices to climb faster than inflation this year, rents even more: Poll")
Only unemployment, inflation manufactured in bulk under Modi govt: Rahul
The former Congress president called for the removal of "unjust" taxes, eliminating monopoly, opening the doors of banks and giving rights to the talented
 "Only unemployment, inflation manufactured in bulk under Modi govt: Rahul")
How inflation shrinks your retirement corpus & ways to tackle it?
To beat inflation one construct the portfolio in a manner which proper debt to equity mix to beat inflation
 "How inflation shrinks your retirement corpus & ways to tackle it?")
Nestle India considering price hikes to counter commodity inflation
Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting back due to inflation in large cities and high prices of commodities
 "Nestle India considering price hikes to counter commodity inflation")
Centre must accept problem of inflation, take steps to provide relief: Cong
The Congress has been attacking the government over its handling of the economy and raising concerns over increasing unemployment and price rise
 "Centre must accept problem of inflation, take steps to provide relief: Cong")
RBI's conflicting objectives: Focus on inflation, growth over exchange rate
The law mandates the RBI's primary objective is maintaining price stability, keeping an eye on growth. It does not mention managing the exchange rate
 "RBI's conflicting objectives: Focus on inflation, growth over exchange rate")
Senco Gold share price tanks 32% in 2 days, hits 16-month low on weak Q3
Senco Gold share has declined 61 per cent from its 52-week high level of Rs 772, which it hit on October 7, 2024
 "Senco Gold share price tanks 32% in 2 days, hits 16-month low on weak Q3")
Welfare schemes and rural jobs fuel labour crisis, say industry executives
Vimal Kejriwal, managing director and CEO of KEC International, in a recent call with analysts, noted that labourers earlier worked at a site for close to a year before availing their annual leave
 "Welfare schemes and rural jobs fuel labour crisis, say industry executives")
Fresh harvest pulls down WPI inflation to 2.31%, shows govt data
Prices of food items like cereals (7.33 per cent), wheat (9.75 per cent), pulses (5.08 per cent), onion (28.33 per cent), and milk (2.69 per cent) accelerated during the month
 "Fresh harvest pulls down WPI inflation to 2.31%, shows govt data")
High prices pose major economic challenge for Trump, shows inflation report
The annual inflation rate has risen in the three months since the November election to 3 per cent
 "High prices pose major economic challenge for Trump, shows inflation report")
Jan retail inflation eases to 4.31%, industrial output grows 3.2% in Dec
January 2025 CPI-based inflation: Food inflation fell to 6.02 per cent in January 2025, the lowest since August 2024
 "Jan retail inflation eases to 4.31%, industrial output grows 3.2% in Dec")
Opposition targets govt over rising inequality, inflation, lack of jobs
Participating in the discussion on Union Budget 2025-26 in the Rajya Sabha, DMK MP Tiruchi Siva said the Union Budget shows the government's priorities and intent
 "Opposition targets govt over rising inequality, inflation, lack of jobs")
Central banks have work to do on price stability and inflation targeting
The consumer price index (CPI) has extensive relevance in people's daily lives. Periodic review of CPI composition and weights assigned will keep it robust and relevant
Give retirees the choice of variable annuities to hedge against inflation
Truth be told, the government can also benefit from a successful variable PPP. If private-sector employees adopt it, government employees could follow
 "Give retirees the choice of variable annuities to hedge against inflation")
RBI Guv lauds Budget, says Rs 1 trn tax relief will not impact inflation
Malhotra, a career bureaucrat who took over as the Governor of RBI in Dec, said that Rs 1 trn of tax relief given to middle class to spur consumption will not have any major impact on inflation
 "RBI Guv lauds Budget, says Rs 1 trn tax relief will not impact inflation")
