Page 3 - Global Inflation

Rural retail inflation higher than urban in 18 of the past 22 months

In October 2023, rural inflation stood at 5.12 per cent against urban inflation at 4.62 per cent

India vulnerable to recurring food price shocks, says RBI Governor Das

The RBI's rate-setting panel has raised the repo rate by 250 basis points cumulatively between May 2022 and February 2023 to manage inflation expectations

IMF warns of stubborn inflation and weaker global growth in the coming year

In most countries, the IMF, an institution charged with monitoring the health of the global economy, foresees inflation remaining above central bank targets until 2025

Statsguru: 6 charts show India's inflation concern may not be over soon

Lower sowing and higher food prices have increased risks to inflation outcomes

US inflation seen corroborating higher for longer Fed, CPI increase at 0.3%

Resilient demand in the world's largest economy, bolstered by unrelenting job growth, has complicated Federal Reserve efforts to get inflation down to its preferred level

China economy shows stability signs as credit and inflation improve

The strong credit data published Monday showed recent steps to bolster the real estate market may be starting to lift household demand for mortgages

Rolling the dice on growth

To believe in strong, secular growth, we first need to understand and believe in our growth model

Powell delivers on expected lines; Indian markets to consolidate: Analysts

The US central bank, Powell said, is prepared to hike the benchmark rates and keep the borrowing costs high until inflation comes in the target range of 2%

Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD

As inflation is moderating, diversified group ITC is seeing green shoots of volume growth and expects the momentum to continue sequentially, its Chairman and Managing Director Sanjiv Puri said on Sunday. This will certainly lead to improvement in volume, but it will not happen overnight, said Puri here on the sidelines of the B20 Summit organised by the CII. Over the ITC's plan for the demerger of its hotel business, Puri said it is going to benefit the existing shareholders by incorporating a wholly-owned new subsidiary ITC Hotels Ltd. "It will be a pure-play, focused on hospitality, which can leverage the institutional strengths of ITC. And ITC in turn will be able to leverage the synergy on its hospitality business, or its FMCG businesses," Puri told PTI. It is a "very robust" model, which will help the business to make the hotel business accelerate progress, whilst retaining synergies and it will improve the financial metrics of ITC, he added. Over inflation, Puri said this is

Global inflation pressures could become harder to manage in future: Study

Rising trade barriers. Aging populations. A broad transition from carbon-spewing fossil fuels to renewable energy. The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation targets. That concern was a theme sounded in several high-profile speeches and economic studies presented Friday and Saturday at the Fed's annual conference of central bankers in Jackson Hole, Wyoming. For decades, the global economy had been moving toward greater integration, with goods flowing more freely between the United States and its trading partners. Lower-wage production overseas allowed Americans to enjoy inexpensive goods and kept inflation low, though at the expense of many US manufacturing jobs. Since the pandemic, though, that trend has shown signs of reversing. Multinational corporations have been shifting their supply chains away from China. They are seek

India's inflation higher than Russia and China, projected to ease

Inflation in advanced economies is expected to remain above target levels, according to IMF

Despite global hikes of interest rates, inflation proves unrelenting

The worst spike in inflation that many advanced economies have seen in decades underscores the global forces driving prices higher

Inflation tops expectations in Sweden. Experts say Beyonce is to blame

Data from the Swedish govt showed that the high inflation in May was primarily driven by a rise in hotel and restaurant prices in the country; experts say it was due to Beyonce's Renaissance tour

Core inflation still remains elevated, may not fall below 5% in FY24

The core inflation has remained stuck in the range of 5-6.6 per cent for over two years

India is back with a bang on FIIs mind: Sumit Jain, ASK Investment Managers

Nifty 12-month forward PE is around 23 per cent below peak. Indian equities should find support from robust earnings outlook owing to strength in the domestic economy.

Food prices in UK rise at fastest rate in 45 years; March figure above 10%

March figure sticks above 10%, lifting prospect of interest rate hike

G20: War in Europe did not cause global inflation, says Russian Sherpa

"Unless the G7 nations stop bringing attention to issues which have nothing to do with G20, it will be difficult to reach an agreement on the final Leaders Declaration at the end of the year"

Rising sugar prices posing threat, putting pressure on global inflation

The jump in sugar prices has already worsened the impact of inflation in the UK with shoppers paying more for baked goods, sweets and fizzy drinks

Dollar holds near three-month highs on rates outlook by Jerome Powell

The yuan weakened after the government reported unexpectedly low inflation

European inflation eases slightly, consumer pain from higher costs persists

Inflation eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists and gives the European Central Bank no reason to slow interest rate increases aimed at getting prices back under control. The consumer price index reached 8.5 per cent in February compared with a year earlier, a drop from 8.6 per cent in January, the European Union's statistics agency Eurostat said Thursday. The figure was higher than analysts' expectations of 8.3%. Inflation is down from its peak of 10.6 per cent in October but its persistence has surprised economists, with figures from Germany, France and Spain coming in higher than expected this week. Prices for food, alcohol and tobacco rose 15 per cent, up from an already painful 14.1 per cent in January, outpacing even energy costs amid Russia's war in Ukraine. Energy prices grew 13.7 per cent from a year ago but were lower than the 18.9 per cent boost in January. Higher prices for natural gas,