Inflationary Impact

October CPI-based inflation: India's food inflation dropped sharply in October, falling to -5.02 per cent from -2.28 per cent in September

Sentiment in the stock market this week will be guided by global trends, trading activity of foreign investors and inflation data, according to analysts. Markets ended last week on a firm note, with the benchmarks surging more than one per cent, supported by strong domestic macroeconomic data and policy reforms, an expert said. "This week will be data-heavy both domestically and globally. On the domestic front, August inflation data (September 12) will be closely tracked. "Globally, key US data releases, including consumer inflation, jobless claims, and consumer sentiment, will be critical in shaping Fed policy expectations and influencing flows. Additionally, any updates on the India-US trade deal could provide further support to market sentiment," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Last week, the BSE benchmark jumped 901.11 points or 1.12 per cent, and the Nifty climbed 314.15 points or 1.28 per cent. "Looking ahead, Indian equities are likely to enter the w

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The continuous heavy rainfall in key tomato-producing states like Maharashtra and Karnataka has disrupted transportation, leading to a shortage in supply and subsequent price hikes

Leading ratings and economic research firm CRISIL is of the view that inflation is expected to average 4.5 per cent for the current financial year. "Assuming a normal monsoon, we expect food inflation to soften, while non-food inflation could see an uptick but is expected to remain soft on the back of benign commodity prices," CRISIL said. The rating firm said that consumer price index (CPI) inflation moderated marginally to 4.75 per cent in May from 4.8 per cent in April 2024. "Non-food categories pulled down the headline inflation, but what is worrying is the relentless inching up of food categories, cereals and pulses", the CRISIL report said. Food inflation had stayed above 8.5 per cent for four months now, and non-food inflation continued to offer some respite, it said. The report maintained that there could be some rebalancing in domestic demand in the current fiscal with rural demand catching up with urban consumption. According to the report, the expectation of an above-n

The slowing pace of price gains in Pakistan is in part due to the base effect of one of the fastest inflation gains in Asia last year

This is not to say that individual central bankers are untrustworthy. The problem is that most central banks are not as independent as many believe

The weighted median inflation rate, among the three indicators closely watched as a gauge on whether price rises are broadening

Economists expect the personal consumption expenditures price index minus food and energy, due on Friday, to rise 0.2 per cent in April

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Emerging Asian bonds handed investors a return of 0.5 per cent so far this quarter compared with over 5 per cent in the last three months of 2023, according to a Bloomberg index.

Citigroup economists said in a research note last week that they expect mild reflation in 2024, and forecast annual CPI inflation at 1.2 per cent year-on-year

Wednesday's figures showed that core inflation - which excludes volatile food, energy, alcohol and tobacco prices - was 5.1% in December, the same rate as November

The Indian economy is facing the challenge of lower consumption growth as high inflation is impacting people in the lower income bracket, India Ratings and Research Chief Economist Devendra Kumar Pant said on Sunday. He said although the country's economy is now resilient enough to deal with the dual shocks of below-normal monsoon and high global oil prices, the challenge is to bring down inflation so that people can have more disposable income in their hands. "One percentage point reduction in inflation will lead to 64 basis points increase in GDP or 1.12 percentage points increase in PFCE (Private final consumption expenditure) growth... If inflation can be brought down by 1 percentage point, it would be a win win," Pant said in an interview to PTI. PFCE denotes money spent by individuals on goods and services for personal consumption. As per the estimates of Ind-Ra, which is a subsidiary of global rating agency Fitch Ratings, PFCE would grow 5.2 per cent year on year in current

Consumer confidence stable; fairly optimistic about economy, employment, income

Britain's economy has suffered from the highest inflation rate among big, rich countries and gross domestic product failed to grow in the third quarter

Job creation in industry continues as firms continue getting new business, says S&P Global

India's retail inflation, which softened in August from the previous month's peak, is expected to trend down further in September, it said