Page 60 - Latest Updates on Inflation
Energy prices to fall 11% in 2023 as economies slow down: World Bank study
Currency depreciation in developing countries could deepen food and energy inflation: Commodity Markets Outlook report
 "Energy prices to fall 11% in 2023 as economies slow down: World Bank study")
Soaring inflation set to dent salary hikes for second year: Survey
The worst-hit region is likely to be Europe, where real salaries - nominal wage growth minus the rate of inflation - are seen being driven down an average 1.5 per cent
 "Soaring inflation set to dent salary hikes for second year: Survey")
'It will continue to be a rough ride, with few places to shelter'
'It will continue to be a rough ride, with few places to shelter. Geographically and geopolitically the US, despite being in the middle of much of the turbulence, should continue to be an attractive '
 "'It will continue to be a rough ride, with few places to shelter'")
Price hike is the last thing on our mind: Dabur India CEO Mohit Malhotra
'We are very reluctant because price rise has an impact on the demand as well as the volume growth', he said
 "Price hike is the last thing on our mind: Dabur India CEO Mohit Malhotra")
Better for Indian policymakers to understand what makes oil prices move
India imports more than 85% of its crude, half of its gas, and 60% of the cooking fuel, and any uptick in rates reduces the purchasing power of Indian households, something that is called inflation
 "Better for Indian policymakers to understand what makes oil prices move")
Australian inflation hits 32-year high amid rising gas and housing prices
Australia's annual inflation has climbed to its highest level in 32 years amid soaring prices for housing and gas
 "Australian inflation hits 32-year high amid rising gas and housing prices")
New Zealand's cost of living for average households rises by 7.7% YoY
The cost of living for the average household in New Zealand increased by 7.7 per cent year on year, with increasing prices widely felt across all household groups in the September 2022 quarter
 "New Zealand's cost of living for average households rises by 7.7% YoY")
Recovery in rural India, market share key for Colgate-Palmolive growth
Management optimistic about growth as stock valuation stays unchanged for India's largest oral care company
 "Recovery in rural India, market share key for Colgate-Palmolive growth")
Inflation woes: How front-loading rate hikes risks financial instability
This Fed rate-increase cycle, which has already delivered a total of 3 percentage points in just over six months, is the most front-loaded one in a long time
 "Inflation woes: How front-loading rate hikes risks financial instability")
Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656
Profit-booking comes to play, investors dump FMCG, pvt banking stocks
 "Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656")
US Fed is losing billions, wiping out profits that funded spending
The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing
 "US Fed is losing billions, wiping out profits that funded spending")
Australia to raise spending to boost slowing economy amid inflation
Australia's new government released plans on Tuesday for more spending on families, the elderly, defence and its Pacific neighbours as the country braces for an economic slowdown
 "Australia to raise spending to boost slowing economy amid inflation")
Caught in global maelstrom, rupee, govt bonds likely to weaken further
The key factors that have wreaked havoc on fixed-income and currency markets are the Russian invasion of Ukraine and the US Fed's decision to embark upon the most aggressive monetary tightening cycle
 "Caught in global maelstrom, rupee, govt bonds likely to weaken further")
Weak global growth, high inflation may impact energy demand, says RIL
Company sees oil demand averaging 99.6 million barrels a day, up 1.9 per cent versus a year ago....
 "Weak global growth, high inflation may impact energy demand, says RIL")
Inflation, unemployment key issues for people in Himachal, says Congress
The Congress has accused the BJP of "double standards" on the issue of dynastic politics in Himachal and said sons of some BJP leaders have been given tickets for the assembly polls in the state
 "Inflation, unemployment key issues for people in Himachal, says Congress")
Economic recovery strong, but inflation fears persist: Finance ministry
The monthly economic report stated that rupee depreciated by 5.4% against the dollar in the first six months of FY23, less than the depreciation of 8.9% of six major currencies in the DXY Index
 "Economic recovery strong, but inflation fears persist: Finance ministry")
Japan's core consumer prices hit 8-year high, rise 3% YoY in Sep
Core consumer prices in Japan rose 3 per cent in September to a fresh eight-year high from a year earlier, the government said in a report
 "Japan's core consumer prices hit 8-year high, rise 3% YoY in Sep")
Sri Lanka's consumer inflation hits record 73.7% in September
Annual food price inflation picked up to 85.8 per cent from 84.6 per cent in August, while prices of non-food items rose 62.8 per cent.
 "Sri Lanka's consumer inflation hits record 73.7% in September")
Global shares mostly fall as investors watch for inflation, China's meet
Global shares were mostly lower on Friday in muted trading, as investors kept an eye on inflation and awaited the outcome of a Communist Party congress in China
 "Global shares mostly fall as investors watch for inflation, China's meet")
Crypto weekly wrap: Experts see Bitcoin at 19,600, Ethereum at 1,300 soon
After the release of the UK's inflation data showing inflation for September at 10.1 per cent, the crypto markets plunged
 "Crypto weekly wrap: Experts see Bitcoin at 19,600, Ethereum at 1,300 soon")