Page 31 - Inflation

No policy for troubled times: Does inflation targeting really work?

On the evidence at hand, inflation targeting works only when the world economy is normal, and demand swings up and down in small cycles that monetary policy tackles, writes T N Ninan

Chhattisgarh reins in inflation at reasonable rates among poll-bound states

If the first six months of this financial year are taken into account, it was high inflation in Mizoram too though a bit less than the national average.

Food insecurity shot up last year with inflation, end of Covid aid: Report

An estimated 17 million households reported problems finding enough food in 2022 a sharp jump from 2021 when boosted government aid helped ease the pandemic-induced economic shutdown. A new Department of Agriculture report, released Wednesday, paints a sobering picture of post-pandemic hardship with statistically significant increases in food insecurity across multiple categories. Using a representative survey sample of roughly 32,000 American households the report said 12.8% (17 million households) reported occasional problems affording enough food in 2022 up from 10.2% (13.5 million households) in 2021 and 10.5% (13.8 million households) in 2020. Analysts and food security professionals point to the dual impact last year of high inflation and the gradual expiration of multiple pandemic-era government assistance measures. This underscores how the unwinding of the pandemic interventions and the rising costs of food has taken hold, said Geri Henchy, director of nutrition policy for

Demand, supply mismatch pushing up vegetable inflation frequently: CRISIL

A study by rating agency Crisil found that vegetable inflation has been the most volatile in the food category, in fact.

4% inflation focus may not signal 'higher for longer' rates: MPC members

"The focus, therefore, naturally shifts to the next stage of bringing the inflation to the target level," said Varma, adding that there is no ambiguity in the eventual inflation goal of 4%

Strengthening US dollar is a global risk: RBI's state of the economy report

The report said that during the calendar year 2023, India's foreign exchange reserves increased by US$ 22.0 billion, which is the highest among major foreign exchange reserves-holding countries

Inflation in UK unchanged at 6.7% in Sept, still way more than BoE's target

Inflation in the UK held steady at 6.7 per cent in September as easing food and drink price rises were offset by higher prices at the pump for motorists, official figures showed Wednesday. The flat reading reported by the Office for National Statistics was disappointing as most economists had predicted another, albeit modest, fall. It means that the UK's inflation rate remains more than three times higher than the Bank of England's target rate of 2 per cent. The bank, though, is not expected to raise interest rates at its next policy meeting in early November, opting instead to keep its main borrowing rate unchanged at the 15-year high of 5.25 per cent. Last month, the bank brought an end to nearly two years of interest rate rises as inflation fell from multi-decade highs above 11 per cent. Most economists expect a sizeable decline in inflation next month. Progress on falling inflation has stalled, for one month at least," said James Smith, research director at the Resolution ...

Wholesale inflation hits 6 month high in Sept but stays in negative

Food inflation decreased significantly to 3.35 per cent in September from 10.6 per cent in August

Weekend Bites: Another war, trouble in IT paradise, carmakers, 'those guys'

In which we munch over the week's platter of news and views

Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%

Closing Bell on Friday, October 13, 2023: Among sectors, the Nifty PSU Bank index fell 1.4 per cent, while the Nifty Auto index gained 0.88 per cent

China's consumer inflation rate flatlines in Sept amid precarious recovery

Core CPI - which strips out volatile food and energy costs - rose 0.8%, same as August. Producer prices fell 2.5%, moderating slightly from the prior month's decline

13 states report higher inflation numbers; rising trend among BRICS peers

Overall inflation in India rose 5.02 per cent for the month of September

Clicking towards record: Festival season spurs online shopping spree

Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled

Managing expectations

Sustained higher inflation can affect outlook

Higher-for-longer rates will keep constricting global economy: World Bank

Both Ajay Banga, the institution's president, and Chief Economist Indermit Gill warned that the fallout from the sudden shift to an era of elevated borrowing costs may be tough

Inflation seen easing to 5.50% in Sept on softening food price rises: Poll

Inflation, as measured by the annual change in the CPI , was forecast to have fallen to 5.50% in September from 6.83% in August, according to an Oct. 3-9 Reuters poll of 66 economists

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

Inflation expectations moderate in September 2023, says RBI survey

The results of the September 2023 round of its bi-monthly survey were released alongside the monetary policy review

Monetary policy review: Challenging the status quos and dilemmas

Inflation should remain largely range bound in the coming months (5-6 per cent)

China's demographic tea leaves

Its economic problems due to ageing, low birth rate, and poor gender ratios should serve as a wake-up call for India