Page 37 - Inflation

Sizzling rally in Indian property stocks seen extending over cuts on rates

The NSE Nifty Realty Index has gained 36% since a March-low as cooling inflation allowed the Reserve Bank of India to keep rates on hold

The not-so-peculiar inflation in Turkey

There are reasons why inflation has decreased despite the central bank's low interest rate policy

TMS EP452: Byju's debt crisis, Apple Vision Pro, market, sellers' inflation

How can Byju's get out of its debt crisis? How will Apple Vision Pro change the user experience? How to identify potential winners in the stock market? What is sellers' inflation? Answers here

Inflation, IIP data, US Fed decision to guide markets this week: Analysts

Announcement of macroeconmic data such as industrial production and inflation, the US Federal Reserve's interest rate decision along with trends in global equities would dictate movement in the stock market this week, analysts said. Besides, foreign fund trading activity would also guide the trends in equities. "All eyes are now on the US Fed policy outcome for cues, which is scheduled on June 14. In the following sessions, the European Central Bank (ECB) and Bank of Japan (BoJ) will also announce their policy decisions. "On the macroeconomic front, participants will be tracking IIP data, CPI inflation and WPI inflation during the week. Apart from these factors, updates on progress of monsoon will also remain on their radar," said Ajit Mishra, SVP - Technical Research, Religare Broking Ltd. From the macroeconomic front, industrial production data for April and inflation rate for May would be announced on Monday. WPI (Wholesale Price Index) inflation data for May is scheduled to be

Consumers as political bellwether: What duality in sentiment may mean

If inflation cools, employment improves, and growth is above average, it is possible the current consumer confidence level will cross 100 again, for the first time since 2019, writes T N Ninan

Cash-strapped Pakistan's economy shows 0.29% GDP growth, inflation over 29%

Cash-strapped Pakistan's economy showed a dismal performance during the outgoing financial year with just 0.29 per cent GDP growth and spiralling inflation at over 29 per cent, according to the economic data unveiled by Finance Minister Ishaq Dar on Thursday. Dar launched the Economic Survey 2022-23 at a crowded press conference, an annual ritual performed one day ahead of next year's budget. The survey showcases the economic achievements of the government during the year ending on June 30 amidst political turmoil and unprecedented floods. The documents showed that the GDP growth in the outgoing year remained at 0.29 per cent, missing the target of 5 per cent, including 1.55 per cent in agriculture, 2.94 in industry and 0.86 per cent in the services sectors respectively. All three sectors missed the targets, with the industrial sector contracting to 2.94 per cent from the target of 7.1 per cent growth, the data showed. The survey showed that Pakistan registered 29.2 per cent inflat

Market snaps four-day winning streak ahead of RBI MPC announcement

The blue-chip Nifty 50 index closed 0.49% lower at 18,634.55, while the benchmark S&P BSE Sensex fell 0.47% to 62,848.64

Inflation may inch down in May-June, indicates Monetary Policy Committee

Economic growth projections were retained at 6.5%, with first two quarters expected to deliver slightly more. Second half likely to yield moderately less pace of growth than assessed in April

RBI Policy: Repo rate unchanged at 6.5%, RBI cuts FY24 inflation projection

RBI Monetary Policy: The rate-setting committee decided to continue with its stance of 'withdrawal of accommodation'

India's inflation has likely cooled to a 20-month low in May: Poll

The poll of 45 economists predicted inflation measured by the CPI rose at an annual rate of 4.42% in May, down from 4.70% in April and set to be the lowest since October 2021

RBI Monetary Policy set to be announced today; here's what to expect

RBI Monetary Policy: This will be the third time in 2023 that the MPC will announce its policy decision

UK to have one of highest inflation rates in the world in 2023: OECD

The UK will grow by 0.3 per cent this year and 1 per cent in 2024, according to the Economic Outlook

Australia's economic growth slows amid inflation, cost-of-living increases

The household saving ratio fell from 4.4 per cent in the last quarter of 2022 to 3.7 per cent, the lowest figure since 2008

Persistent inflation, rising rates will weigh on global economy: OECD

The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and higher interest rates weigh on growth, banks and markets. That was the takeaway Wednesday from the latest economic outlook by the Paris-based Organization for Economic Cooperation and Development. The group, made up of 38 member countries, raised its growth forecast this year to 2.7 per cent from an estimated 2.2 per cent in November and foresaw only a tiny acceleration to 2.9 per cent next year. The rebound from the COVID-19 pandemic and energy price spike tied to Russia's invasion of Ukraine is likely to be weak by past standards, with average growth of 3.4 per cent recorded in the pre-pandemic years 2013-2019. The path ahead is fraught with risks, from escalation of Russia's war in Ukraine -- with a dam collapse on Tuesday that the sides blamed on each other -- to debt troubles in developing countries and rapid interest rate hikes having unforeseen

RBI not to remove its finger from repo rate pause button: Experts

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may not remove its finger from the repo rate pause button it had hit in April 2023, said experts

RBI's efforts to drain liquidity signal its intent to quash inflation

The RBI drained 508.7 billion rupees from the banking system on June 2 through a 14-day reverse repo auction, and it removed another Rs 666.4 billion via a four-day operation on June 5

Expected pause, surprise on stance?

A change in stance could be inferred by the markets as a definite sign of rates peaking. MPC needs to be comfortable with expressing the softer-than 'pause but not a pivot' view of the April policy

May services PMI at 61.2 as demand remains resilient amid rising inflation

India's headline figure has been in the expansion zone for 23 months straight since August 2021

MPC likely to hit pause again on repo rate: Business Standard Poll

Most economists see FY24 inflation forecast likely being revised downward to 5% but no change in stance

Global food costs at two-year low in May but grocery bills stay high

A United Nations' index of food-commodity prices fell 2.6% in May, as declines in grains, vegetable oil and dairy offset higher sugar and meat costs