Page 25 - Inflation

German inflation creeps up to 2.4% in April on back of higher food prices

Euro zone inflation is expected to remain at 2.4%, unchanged from the previous month, according to economists polled by Reuters

Above-normal monsoon likely to ease food prices: Finance ministry

FinMin report says rupee expected to remain within comfortable range

Monsoon forecast bodes well, may ease inflation concerns, says report

India's food inflation, which accounts for nearly half of the overall consumer price basket, rose 8.52 per cent in March, compared with a 8.66 per cent rise in February

Vegetable prices show mixed trends in Delhi despite heatwave rise

IMD warns heatwave to continue over east and peninsular India for next five days

Extreme weather conditions may pose risk to inflation, says RBI Bulletin

Extreme weather conditions may pose a risk to inflation, along with prolonged geopolitical tensions that could keep crude oil prices volatile, the Reserve Bank's April Bulletin said on Tuesday. The retail based on the Consumer Price Index (CPI) has eased to 4.9 per cent in March after averaging 5.1 per cent in the preceding two months. The Reserve Bank, which mainly factors in CPI while arriving at its bi-monthly monetary policy, has kept the key interest rate unchanged at 6.5 per cent since February 2023, citing concerns on the inflation front. An article on 'State of the Economy' published in the Bulletin further said global growth momentum has been sustained in the first quarter of 2024, and the outlook for world trade is turning positive. Treasury yields and mortgage rates are ticking up in major economies as expectations of interest rate cuts are being pared. "In India, conditions are shaping up for an extension of a trend upshift in real GDP growth, backed by strong investme

Global woes spook mkts: Sensex sinks 793 pts, bonds weaken and rupee falls

Gold soars and FPIs sell Rs 8K cr equities

Inflation down in key peers: Here's how some Brics countries fare

Among Brics countries, Brazil, China, and India have shown a decline compared to the previous month and Russia has seen an uptick

US consumer sentiment declines in April, inflation expectations rise

The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 77.9 this month, compared to a final reading of 79.4 in March

Retail inflation eases to 4.85% in March, IIP grows 5.7% in February

The government has tasked the Reserve Bank to ensure inflation remains at 4%, with a margin of 2 per cent on either side

Lok Sabha polls: CSDS survey reveals unemployment a key issue for voters

The CSDS-Lokniti 2024 pre-poll survey showed that 62 per cent of respondents across various demographics perceived a greater difficulty in securing employment in the past five years

Moderate US producer price, cost of services soothes inflation concerns

High inflation and persistent labor market strength have prompted financial markets and most economists to push back expectations for an initial Fed interest rate cut to September from June

Inflation pushing households slowly into debt: Jairam Ramesh slams govt

Congress general secretary Jairam Ramesh also stressed that the Congress' 'Nyay Patra' is a direct response to the "failures" of the government and said "dus saal anyay kaal" ends on June 4

Global capability centres in India see hiring dip amid western disturbances

Experts said that the reasons behind this could be a reflection of the uncertainties and slow recovery in the West and global markets, and also inflation and geopolitical conflict

JPMorgan's Dimon warns inflation, wars creating risks not seen since WWII

The nation's most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the US economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as US political polarisation, might be creating an environment that may very well be creating risks that could eclipse anything since World War II. The comments came in an annual shareholder letter from Dimon, who often uses the letter to weigh in broad topics like politics, regulation and global events and what it might mean to JPMorgan Chase, as well as the broader economy. America's global leadership role is being challenged outside by other nations and inside by our polarized electorate, Dimon said. We need to find ways to put aside our differences and work in partnership with other Western nations in the name of democracy. During this time of great crises, uniting to protect our essential freedoms, including free

US dollar drifts lower ahead of inflation data; yen nears 34-year lows

Japanese workers' real wages fell in February for a 23rd consecutive month, data showed on Monday, suggesting higher prices kept up pressure on consumers' spending appetite

RBI wants inflation elephant in the forest. Can pricier oil bring it back?

After witnessing sustained moderation, cost push pressures faced by firms, the RBI said, are showing upward bias

Inflation targeting framework is the focus: RBI governor Shaktikanta Das

The RBI projects CPI will be 4.5 per cent for the whole year, and growth will be 7%

RBI lowers quarter-wise inflation forecast for FY25, holds key rate steady

Inflation 'elephant has left the room and it appears to be on its way to the forest,' says RBI governor Shaktikanta Das

Inflation declines in Europe again; here's what it means for interest rates

The inflation that has squeezed European shoppers fell more than expected in March to 2.4 per cent, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France. The annual figure for the 20 countries that use the Euro currency came in below the 2.5 per cent predicted by financial markets and brings the European Central Bank ever closer to its inflation goal of 2 per cent. But analysts say the decline from 2.6 per cent in February, though welcome, would likely not be enough to move up the first interest rate cut from the ECB. The bank meets April 11 but the first reduction in borrowing costs is not expected until June despite an economy that's failing to grow, several analysts said. Food inflation fell to 2.7 per cent from 3.9 per cent, and energy prices dropped by 1.8 per cent, according to Eurostat, the European Union's statistics agency. Meanwhile, core inflation, which excludes volatile food and energy costs, eas

Consumer sentiment of urban Indians dips to a 4-month low, shows data

Rural consumer sentiment is at its highest level thus far in 2024