Page 16 - Inflation

Food inflation likely to drop in coming months on good harvest: Govt report

The steady progress in the southwest monsoon has supported summer sown crops, finance ministry said in its monthly economic report

China's extreme weather takes bite out of produce as prices rise sharply

Soaring food prices this summer present an additional headache for the world's second-largest economy, which is already wrestling with thorny problems from sluggish factory output and joblessness

Why it makes sense for food prices to be cut out of RBI's inflation target

Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically

US producer inflation slows in July amid signs of pricing power diminishing

The report from the Labor Department on Tuesday also showed favorable readings for most of the components that go into the calculation of the personal consumption expenditures

Spiraling electricity bills overtake rent costs for some people in Pakistan

The South Asian nation - where nearly half the population survives on less than $4 a day - has seen electricity prices surge 155 per cent since 2021

Retail inflation cools to nearly 5-year low in July, IIP falls 4.2% in June

Food inflation remained declined to 5.42 per cent in July from 9.36 per cent in June

Govt bond yields may soften slightly as inflation falls below forecast

Market participants expect the benchmark yield to open around 6.85 per cent on Tuesday

Rupee flat, forward premiums dip as focus shifts to US inflation data

The rupee has struggled over the last two weeks amid outflows from local stocks

Govt bond yields seen steady as markets focus on inflation prints

The RBI last week kept the key interest rate unchanged, retaining its focus on bringing inflation down

Yen slightly softer against dollar, Fed rate cut remains uncertain

The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets

Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target

Dimon has been warning for more than a year that inflation may be stickier than investors expect

RBI's stance provides elbow room to check inflation, aid growth: Experts

Nikhil Gupta, Chief Economist, MOFSL Group said what probably was more important was the Governor's emphasis on headline inflation and the focus on inflation deceleration when growth remains so good

India's July inflation 'dipped' below RBI target, high base effect at play

Rising food costs, especially for vegetables, and hikes in telecom tariffs last month were offset by a higher base from July last year

RBI to hold rates, may sound confident of reaching inflation target: Report

The Reserve Bank is expected to hold its key rates at the forthcoming policy review, but may sound more confident about reaching its 4 per cent inflation objective, a foreign brokerage said on Wednesday. The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the monetary policy, HSBC said in the report on the eve of the RBI MPC's decision. "While it's a close call, we also think the policy stance will remain unchanged, even as the RBI sounds more confident than before about getting to its 4 per cent inflation target," it said, listing out the aspects it will watch out for in the document or the resolution. These include any softness in tone around increased confidence of getting to 4 per cent inflation durably, or a change in growth or inflation forecasts, and, further commentary around the use of OMO (open market operations) sales to take out excess liquidity. In the background of another member dissenting at the last policy review, the brokerage

July inflation dipped below RBI's target, high base effect at play: Poll

The Aug. 2-7 poll of 36 economists forecast the consumer price index rose at an annual rate of 3.65 per cent last month, down sharply from 5.08 per cent in June

DU's Miranda House college hikes hostel fee; says in line with inflation

The Delhi University's Miranda House college has hiked its hostel fees for students by Rs 6,000 per semester, the Students Federation of India (SFI) claimed on Monday. The college administration has increased the hostel fee from Rs 27,090 to Rs 33,090 for odd semesters and from Rs 26,750 to Rs 32,750 for even semesters , the the college's SFI wing said in a social media post. Miranda House Principal Bijayalaxmi Nanda said the hike has been effected keeping in view the "inflation" and "maintenance cost" for the facility. "We have increased the hostel fee after due consultation. It is done keeping in view the inflation in the past 5 to 6 years and the maintenance cost that we incur. There is no major hike in the fee. We have rigorous policies when it comes to providing student support," Nanda told PTI. She also claimed that the Miranda House charged the least for its hostel facility, compared to other prominent colleges. She added that she will look into the fee hike to address the

Services activity growth slows, yet remained solid in July: PMI data

Moreover, cost pressures remained elevated, pushing up selling-price inflation to a seven-year high in July, which also saw stronger job creation

From Dabur to Britannia, FMCG firms begin to see volumes growth revival

Companies expect the trend of rural outpacing urban to continue

Fed is about to nod at a interest rate cut as job growth moderates

US central bankers, who've kept interest rates at a more than two-decade high for a full year, are widely expected to leave them there again when their two-day meeting ends on Wednesday

Excluding food from RBI's inflation framework may not have many takers

Headline numbers best communicated to common man; Govt needs to step up supply management