Page 12 - Cpi Inflation

Can consumers expect relief from further fuel price hike?

March inflation has surged to 6.95% in India. The government, however, is keen to share some burden if oil prices remain above $ 110 per barrel mark. But is there a relief in the offing?

Testing tolerance

Price pressure will need a monetary response

March CPI inflation at 6.9% may trigger rate hike cycle from June: Analysts

Annual retail inflation shot up to a 17-month high of 6.95 per cent in March from a year ago, remaining above the tolerance limit of the Reserve Bank of India (RBI) for a third straight month

Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura

Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months

EPF continues to beat inflation even with interest rate at four-decade low

The scheme also offers better returns than other most other investment avenues

FPI outflow shoots past Rs 1 trn in 2022 amid Ukraine, inflation concerns

The exodus of foreign investors was largely owing to inflationary pressures and deepening global macroeconomic conditions following the Russia-Ukraine war, experts said

Analysts see more pain ahead for FMCG stocks amid rising input costs

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

Markets are not fully pricing in fuel-led inflation yet, say analysts

Retail prices of petrol and diesel had been on a freeze since October 2021 when crude oil prices were hovering around $80 a barrel

Rupee slide impacted export-import, inflation differently across periods

There are several reasons for the lack of uniformity, such as depreciation of other currencies, essential nature of crude imports and global fluctuations in energy prices

Health inflation above 6% the past year after muted first wave price rise

The metric, in fact, rose to as much as 8.44% last May, when second Covid wave was on; analysts cite huge demand-supply gap, rising staff costs for state of affairs

Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report

Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now

RBI policy calms bond, equity markets. How analysts interpret the decision

The RBI's dovish stance has also provided comfort to the unnerved bond and equity markets.

UK's central bank under pressure as inflation reaches 30-yr high

Pressure is mounting on the Bank of England (BoE) to raise interest rates as the UK's Consumer Prices Index (CPI) in December 2021 hit its highest level since early 1992

Poll-bound states: Current regimes outdid earlier ones on inflation control

However, most previous regimes had lower inflation than national level; now the situation is opposite

Year-on-year analysis of economic performance serves a very limited purpose

A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you next to nothing about the current state of the economy.

Macroeconomic target setting has now become a joke and needs review

The time has come to start questioning this target setting business. Since 2009 these targets for financial stability have become a joke everywhere.

Inflation spike: A dive into the long-term reasons throws up some surprises

Contrary to popular belief, food items aren't among the biggest culprits in this space; palm oil and cotton are two items that have done much more to disrupt the WPI numbers over time

Economy, markets, investing strategy: Nomura's outlook for India in 2022

Within the Asian region, the global research and broking house has maintained an overweight stance on China, Korea and Indonesia for 2022. Thailand and Philippines remain their key underweights.

Household inflation expectation: Rarely in sync, yet a key policy driver

There will always be a gap between actual inflation and household expectation. Yet the latter is broadly indicative of trends and is a critical input for controlling prices

Gold demand in India back to pre-Covid levels in September quarter: WGC

Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases