Page 9 - Latest Updates on Inflation
China's consumer inflation hits five-month low in Nov as new risks arise
World's second-largest economy is bracing for likely fresh tariffs from a second Donald Trump White House and still dealing with other headwinds, suggesting more policy stimulus will be needed
 "China's consumer inflation hits five-month low in Nov as new risks arise")
Indian equity market has more room to correct: Manishi Raychaudhuri
Says that geopolitics will be the most important driver of financial markets in 2025
 "Indian equity market has more room to correct: Manishi Raychaudhuri")
Cars set to get expensive from January as OEMs announce increase in price
Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year
 "Cars set to get expensive from January as OEMs announce increase in price")
Monetary policy review: RBI keeps rates unchanged, cuts CRR by 50 bps to 4%
Maintains neutral stance; sets stage for Feb rate action
 "Monetary policy review: RBI keeps rates unchanged, cuts CRR by 50 bps to 4%")
Gloomy outlook for growth and inflation may dampen market sentiment
Since higher customs duties will result in the US suffering inflation, it's also possible the US Federal Reserve will review its stated policy of policy rate cuts
 "Gloomy outlook for growth and inflation may dampen market sentiment")
Indian households expect inflation to rise further, says RBI survey
Consumer confidence dips marginally
 "Indian households expect inflation to rise further, says RBI survey")
RBI raises FY25 inflation estimate to 4.8%, CPI to remain elevated in Q3
Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices
 "RBI raises FY25 inflation estimate to 4.8%, CPI to remain elevated in Q3")
RBI keeps repo rate unchanged at 6.5%, lowers FY25 GDP growth forecast
Reserve Bank of India Monetary Policy Committee: Food prices likely to keep headline inflation up in the near future
 "RBI keeps repo rate unchanged at 6.5%, lowers FY25 GDP growth forecast")
Putin urges govt, central bank to coordinate action to curb high inflation
"It is also necessary to curb inflation, which is currently at a fairly high level," Putin told an international investment conference organised by Russia's second-largest lender VTB in Moscow
 "Putin urges govt, central bank to coordinate action to curb high inflation")
RBI likely to hold rates for 11th straight time: Business Standard poll
May cut cash reserve ratio, lower growth and inflation projections
 "RBI likely to hold rates for 11th straight time: Business Standard poll")
Iceland heads for Parliamentary polls; immigration, inflation key issues
This is Iceland's sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability
 "Iceland heads for Parliamentary polls; immigration, inflation key issues")
Inflation in Europe rises to 2.3%, growth concerns dominate ECB discussions
Growth worries got new emphasis after surveys of purchasing managers compiled by S&P Global showed the eurozone economy was contracting in October
 "Inflation in Europe rises to 2.3%, growth concerns dominate ECB discussions")
Markets Today: GDP; Sensex, Bankex new expiry day; Enviro Infra IPO listing
Thursday's session proved challenging for domestic markets, with benchmarks plunging sharply on the monthly F&O expiry. Sensex crashed 1,190 pts to 79,043.74, while Nifty slid 360.75 pts to 23,914.15
 "Markets Today: GDP; Sensex, Bankex new expiry day; Enviro Infra IPO listing")
S&P Global cuts India's FY26 GDP growth forecast to 6.7% from 6.9%
Raises inflation projection for FY25 to 4.6%
 "S&P Global cuts India's FY26 GDP growth forecast to 6.7% from 6.9%")
Statsguru: Can pricier loans tame food prices in India? Debate heats up
Agricultural output and food prices in India were significantly affected in 2022-23 and 2023-24, mainly due to unpredictable monsoons and the effects of climate change
 "Statsguru: Can pricier loans tame food prices in India? Debate heats up")
Govt expects food inflation to slow in coming months on bumper crop harvest
A favorable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost winter crop sowing and production
 "Govt expects food inflation to slow in coming months on bumper crop harvest")
Trump's promises on growth, inflation might derail due to $36 trn debt
It's clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance," said an expert
 "Trump's promises on growth, inflation might derail due to $36 trn debt")
Nov Flash PMI: Charge inflation hits 12-year high, but biz confidence rises
HSBC Flash November PMI: Composite output index rises to 59.5, up from October's final reading of 59.1. Manufacturing PMI dips to 60.2, services PMI rises to 59.2
 "Nov Flash PMI: Charge inflation hits 12-year high, but biz confidence rises")
Macroeconomic stability a joint effort, says RBI Governor Shaktikanta Das
Stable inflation is foundation for sustained growth, says Das
 "Macroeconomic stability a joint effort, says RBI Governor Shaktikanta Das")
Early signs of second-order effects: RBI cannot ignore price pressures
It is worth highlighting that even if the headline or food inflation rate comes down, it will only reduce the pace of price increase and consumers will continue to pay comparatively high prices
 "Early signs of second-order effects: RBI cannot ignore price pressures")
