Page 7 - Inflation Data
RBI says 75% of rise in inflation projection for FY23 due to food
RBI Governor Shaktikanta Das, while estimating India's overall retail inflation for FY23 at 6.7%, said that the 75% of the increase in inflation projections can be attributed to the food group.
 "RBI says 75% of rise in inflation projection for FY23 due to food")
Low inflation, higher infra investment key for spurring growth: RBI article
Improving infra, ensuring low and stable inflation, and maintaining macroeconomic stability are critical for reviving animal spirits and spurring growth, says an article published in RBI bulletin
 "Low inflation, higher infra investment key for spurring growth: RBI article")
Gold recovers as dollar, bond yields dip; US inflation data in focus
(Reuters) - Gold prices clawed back from a three-month low on Wednesday as the dollar and Treasury yields weakened, ahead of key U.S. monthly inflation data that could influence the Federal Reserve's monetary policy stance and impact demand for bullion.
 "Gold recovers as dollar, bond yields dip; US inflation data in focus")
World shares hold up, Wall Street futures gain as US inflation data looms
Asian equities squeezed higher from near two-year lows and Wall Street futures also gained before the release of the keenly awaited datapoint
 "World shares hold up, Wall Street futures gain as US inflation data looms")
Gold firms as dollar rally pauses; focus on US inflation reading
The dollar was steady after touching a 20-year high on Monday, while benchmark 10-year U.S. Treasury yields were off 3-1/2-year peaks. [USD/] [US/]
 "Gold firms as dollar rally pauses; focus on US inflation reading")
Momentum of inflation on downward slope, says RBI Governor Shaktikanta Das
The Reserve Bank's inflation projections, Das said, are "robust" but contingent on downside and upside risks associated with the movement of global crude oil prices
 "Momentum of inflation on downward slope, says RBI Governor Shaktikanta Das")
Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv
There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation, says Shaktikanta Das
 "Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv")
Sensex sheds 503pts, Nifty ends at 17,368; financials slip, Tega jumps 60%
The BSE Midcap index was down 0.5 per cent, while the Smallcap index was up 0.2 per cent
 "Sensex sheds 503pts, Nifty ends at 17,368; financials slip, Tega jumps 60%")
Fed officials expected to signal start of monetary policy shift debate
Federal Reserve officials on June 16 are expected to at least flag the pending start of talks about when and how to exit from the crisis-era policies
 "Fed officials expected to signal start of monetary policy shift debate")
Gold prices subdued with focus on US inflation data, ECB meeting
Spot gold was down 0.1 per cent at $1,886.66 per ounce, as of 3.05am GMT
 "Gold prices subdued with focus on US inflation data, ECB meeting")
Gold price unchanged at Rs 47,680 per 10 gm, silver at Rs 71,400 a kg
Gold prices traded flat in India on Thursday despite easing in the international markets ahead of the release of the US inflation data
 "Gold price unchanged at Rs 47,680 per 10 gm, silver at Rs 71,400 a kg")
Gold prices hold steady as spotlight shifts to US data, ECB meeting
Gold prices held steady on Wednesday as bond yields remained under pressure, with investors on the sidelines ahead of more data on US inflation
Gold prices edge lower on strong dollar ahead of US inflation data
Spot gold was down 0.2 percent at $1,895.59 per ounce, as of 0315 GMT. US gold futures were steady at $1,898.60.
 "Gold prices edge lower on strong dollar ahead of US inflation data")
Inflation debate hits emerging markets as Pimco backs economic rebound
Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that's being fueled by months of easy money and fiscal largess
 "Inflation debate hits emerging markets as Pimco backs economic rebound")
Market impact of positives from the MPC meet may be seen with a lag
Overall RBI monetary policy was on expected lines and the policy statement highlighted its commitment to do whatever it takes to ensure financial stability
 "Market impact of positives from the MPC meet may be seen with a lag")
Wall Street opens higher on tepid inflation data as economy gains momentum
Major U.S. stock indexes opened higher on Wednesday after data showed underlying consumer prices remained tepid in February, easing concerns about a spike in inflation
 "Wall Street opens higher on tepid inflation data as economy gains momentum")
India's December wholesale inflation slows to 1.22% as food prices ease
The wholesale price-based inflation slowed to 1.22 per cent in December on easing food prices, as per government data released on Thursday
 "India's December wholesale inflation slows to 1.22% as food prices ease")
Top headlines: S&P retains India's rating at 'BBB-'; keeps outlook stable
Business Standard brings you the top headlines of the day
 "Top headlines: S&P retains India's rating at 'BBB-'; keeps outlook stable")
CPI needs rejig
But MPC has reasons to not ignore headline inflation
 "CPI needs rejig")
Analysts say inflation to complicate growth issues, warns of stagflation
A 'stagflation' is an undesirable phenomenon which has persistently high inflation with high unemployment and a stagnancy in demand
 "Analysts say inflation to complicate growth issues, warns of stagflation")
