Page 3 - Inflation

US consumer inflation slows 0.4% in June, but Fed rate hike fears linger

US consumer inflation eased more than expected in June as energy prices retreated, though markets still see a possibility of a Federal Reserve rate increase this year

India's retail inflation breaches RBI target to hit 4.38% in June

Fuel costs lift food prices; experts don't expect rate hike

A new index at the factory gate: Why India's PPI matters beyond inflation

After more than two decades in the making, India's Producer Price Index is beginning to reshape industrial output, GDP measurement and the country's broader statistical framework

A few officials saw case for June rate hike: Federal Reserve minutes

Fed minutes show some officials considered a rate hike as persistent inflation, energy prices and AI-driven demand kept pressure on the US interest-rate outlook

India's consumer inflation likely rose above RBI's 4% target in June: Poll

This would also be the highest inflation reading since India introduced its revised consumer price index series with a new base year and updated consumption basket in January

IMF trims India's FY27 growth forecast to 6.4% from 6.5% in April

The IMF has cut India's FY27 growth forecast to 6.4 per cent, saying higher energy prices outweigh resilient economic activity, while raising its FY28 projection

US job growth misses expectations in June; unemployment rate falls to 4.2%

US job growth slowed sharply in June, but the unemployment rate fell to 4.2%, suggesting the labour market remains resilient despite weaker hiring

War-led input cost hikes impacted Q1: HUL chairman Nitin Paranjpe

HUL chairman says higher commodity costs following the West Asia conflict will weigh on Q1, but expects easing ahead and says the company remains well placed to manage short-term volatility

Inflation may remain relatively contained in coming months: FinMin report

The report said the cessation of the conflict in West Asia had also brightened the growth outlook and reduced external deficit risks

Beyond chips, IMF warns AI wealth boom could fuel inflation risks

Booming technology stocks are swelling retirement accounts and investment portfolios, leaving consumers feeling richer and more willing to spend on vacations, homes and other big-ticket purchases

Goldman Sachs lifts FY27 India growth forecast to 6.5% as oil price easing

Brokerage cites easing oil prices after the US-Iran peace deal, raises India's FY27 growth forecast to 6.5% and lowers headline inflation projection to 4.9%

Best of BS Opinion: Weather risks, state finances and Trump's economics

Today's opinions examine monsoon uncertainty, RBI's NBFC framework, worsening state finances, Donald Trump's economic approach and the future of modern feminism

Energy stress, weak monsoon to slow India's growth to 6.6% in FY27: S&P

The rating agency expects higher inflation, a possible RBI rate hike and slower economic growth amid energy market disruptions and below-normal monsoon conditions

Foreign currency inflows to support domestic liquidity: RBI's MPC member

The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya

Minutes of June MPC meet: Members wary of generalisation of inflation

RBI Monetary Policy Committee members highlighted risks of inflation becoming broad-based and stressed uncertainty around growth and prices due to the West Asia conflict

P&G India sees rural consumption growth soften amid inflation pressures

The FMCG major said rural demand continues to outpace urban consumption, but inflation, delayed monsoon and global uncertainties are beginning to weigh on growth

Medical costs up, ICICI Lombard makes a case for higher health cover

The insurer said customers should consider higher sums insured to keep pace with rising treatment costs, while stressing that the final decision rests with policyholders

India's wholesale inflation rises to 9.68% in May on high fuel, food prices

Rising energy costs linked to the West Asia conflict drove fuel inflation to 30.33 per cent, while food inflation climbed to 4.49 per cent in May

Inflation worries keep markets wary even after US-Iran peace deal

A drop in oil prices may ease inflation and give central banks more flexibility, but key issues, including Iran's nuclear program, sanctions relief and future operations of Hormuz remain unsettled

US-Iran peace deal may help boost India's exports, stabilise rupee

The announcement that the US and Iran have finalised a deal to end their 107-day conflict and reopen the Strait of Hormuz is expected to boost India's exports to West Asia, which was severely impacted by the hostilities, spur manufacturing activity and help stabilise the rupee, according to exporters and experts. They said the announcement, if implemented successfully, would reduce pressure on India's import bill, ease inflationary covers and create a more conducive environment for trade. The peace agreement would be signed on June 19 in Switzerland. The US and Iran have reached a peace deal to end a four-month war that disrupted global energy supplies, pushed oil prices above USD 100 per barrel, and brought the Middle East to the brink of a wider regional conflict. For India, which relies heavily on West Asia for crude oil, LPG and LNG supplies, the deal promises relief from high energy prices, pressure on the rupee, and inflation risks that intensified during the conflict, econom