Page 9 - Latest Updates on Inflation
Retail inflation for farm workers eases to 5.35%, rural labourers to 5.47%
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 5 points each in November 2024, reaching levels of 1,320 and 1,331
 "Retail inflation for farm workers eases to 5.35%, rural labourers to 5.47%")
Congress attacks Modi govt over rising food prices, spiraling inflation
Congress general secretary in-charge communications Jairam Ramesh said the people want answers not more jumlabaazi
 "Congress attacks Modi govt over rising food prices, spiraling inflation")
Out of sync: Persistent mismatch between MGNREGA wage growth and inflation
Over the past few years, wage growth has consistently trailed both general and food inflation rates, with the exceptions of FY21 and FY24
 "Out of sync: Persistent mismatch between MGNREGA wage growth and inflation")
BoE to hold key rate despite slow economic growth, high inflation
The UK's central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target rate, even though the British economy is flatlining at best.
 "BoE to hold key rate despite slow economic growth, high inflation")
Canada's inflation rate dips to 1.9% in November driven by price slowdown
After the substantial reduction in interest rates, triggered by the return of inflation to the bank's target this year, BoC Governor Tiff Macklem indicated last week that further cuts would be more
 "Canada's inflation rate dips to 1.9% in November driven by price slowdown")
Impact of digitalisation on inflation needs close monitoring: DG Patra
Patra highlighted that digitalisation can be regarded as a long-term technology shock impacting economic growth, productivity, labour markets, older technologies, and inflation
 "Impact of digitalisation on inflation needs close monitoring: DG Patra")
An open letter to the RBI Governor: On growth, inflation, rupee challenges
You have come at a time when the growth-inflation dynamics is changing and the rupee is under pressure
 "An open letter to the RBI Governor: On growth, inflation, rupee challenges")
Stability, trust, and growth key: RBI Guv Sanjay Malhotra in first address
'We cannot be stuck. We have to be agile while maintaining policy continuity,' Sanjay Malhotra said in his first address as RBI governor
 "Stability, trust, and growth key: RBI Guv Sanjay Malhotra in first address")
Rate cut bets rise post new RBI chief appointment, nudge bond yields down
Malhotra's appointment comes as economic growth has slowed and inflation has risen
 "Rate cut bets rise post new RBI chief appointment, nudge bond yields down")
RBI governors keep in mind requirements of the wider economy as well: Das
Outgoing RBI Governor Shaktikanta Das reflects on six years at the helm as Sanjay Malhotra prepares to take over
 "RBI governors keep in mind requirements of the wider economy as well: Das")
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
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")
