Page 63 - Inflation

Soaring inflation set to dent salary hikes for second year: Survey

The worst-hit region is likely to be Europe, where real salaries - nominal wage growth minus the rate of inflation - are seen being driven down an average 1.5 per cent

'It will continue to be a rough ride, with few places to shelter'

'It will continue to be a rough ride, with few places to shelter. Geographically and geopolitically the US, despite being in the middle of much of the turbulence, should continue to be an attractive '

Price hike is the last thing on our mind: Dabur India CEO Mohit Malhotra

'We are very reluctant because price rise has an impact on the demand as well as the volume growth', he said

Better for Indian policymakers to understand what makes oil prices move

India imports more than 85% of its crude, half of its gas, and 60% of the cooking fuel, and any uptick in rates reduces the purchasing power of Indian households, something that is called inflation

Australian inflation hits 32-year high amid rising gas and housing prices

Australia's annual inflation has climbed to its highest level in 32 years amid soaring prices for housing and gas

New Zealand's cost of living for average households rises by 7.7% YoY

The cost of living for the average household in New Zealand increased by 7.7 per cent year on year, with increasing prices widely felt across all household groups in the September 2022 quarter

Recovery in rural India, market share key for Colgate-Palmolive growth

Management optimistic about growth as stock valuation stays unchanged for India's largest oral care company

Inflation woes: How front-loading rate hikes risks financial instability

This Fed rate-increase cycle, which has already delivered a total of 3 percentage points in just over six months, is the most front-loaded one in a long time

Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656

Profit-booking comes to play, investors dump FMCG, pvt banking stocks

US Fed is losing billions, wiping out profits that funded spending

The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing

Australia to raise spending to boost slowing economy amid inflation

Australia's new government released plans on Tuesday for more spending on families, the elderly, defence and its Pacific neighbours as the country braces for an economic slowdown due to rising interest rates, inflation and disastrous floods. Treasurer Jim Chalmers delivered his centre-left Labour Party's first annual budget for the fiscal year that began in July. It is the first budget in nine years by a Labour government and comes as Australia contends with unprecedented levels of debt that has mounted during the COVID-19 pandemic. Chalmers said rising inflation was the primary influence on his economic blueprint. Inflation is forecast to peak at 7.75 per cent by December and remain higher for longer than had previously been expected. It's framed against a backdrop of a complex combination of a serious economic downturn overseas, damaging and devastating natural disasters here at home, war in Europe, a slowdown in China brought about by COVID -- all of these issues combining at on

Caught in global maelstrom, rupee, govt bonds likely to weaken further

The key factors that have wreaked havoc on fixed-income and currency markets are the Russian invasion of Ukraine and the US Fed's decision to embark upon the most aggressive monetary tightening cycle

Weak global growth, high inflation may impact energy demand, says RIL

Company sees oil demand averaging 99.6 million barrels a day, up 1.9 per cent versus a year ago....

Inflation, unemployment key issues for people in Himachal, says Congress

The Congress has accused the BJP of "double standards" on the issue of dynastic politics in Himachal and said sons of some BJP leaders have been given tickets for the assembly polls in the state

Economic recovery strong, but inflation fears persist: Finance ministry

The monthly economic report stated that rupee depreciated by 5.4% against the dollar in the first six months of FY23, less than the depreciation of 8.9% of six major currencies in the DXY Index

Japan's core consumer prices hit 8-year high, rise 3% YoY in Sep

Core consumer prices in Japan rose 3 per cent in September to a fresh eight-year high from a year earlier, the government said in a report

Sri Lanka's consumer inflation hits record 73.7% in September

Annual food price inflation picked up to 85.8 per cent from 84.6 per cent in August, while prices of non-food items rose 62.8 per cent.

Global shares mostly fall as investors watch for inflation, China's meet

Global shares were mostly lower on Friday in muted trading, as investors kept an eye on inflation and awaited the outcome of a Communist Party congress in China. France's CAC dipped 1.6 per cent in early trading to 5,988.78. Germany's DAX lost 1.4 per cent to 12,584.52. Britain's FTSE 100 shed 1 per cent to 6,871.64 as the Conservative Party was preparing to replace Liz Truss as prime minister within a week after she resigned on Thursday after a turbulent 45-day term, conceding that she could not deliver on her tax-cutting economic plans. Former Prime Minister Boris Johnson is among several candidates expected to vie to take her place. Former Treasury chief Rishi Sunak and House of Commons leader Penny Mordaunt are others. On Wall Street, the future for the Dow industrials lost 0.5 per cent while the S and P 500 future was down 0.7 per cent. China's ruling party congress is expected to wrap up on Saturday with an endorsement of leader Xi Jinping remaining in office indefinitely.

Crypto weekly wrap: Experts see Bitcoin at 19,600, Ethereum at 1,300 soon

After the release of the UK's inflation data showing inflation for September at 10.1 per cent, the crypto markets plunged

RBI should focus on softening core inflation: MPC's Shashanka Bhide

"As far as monetary policy is concerned, moderation in the core inflation should be the priority," Shashanka Bhide, an external member of the Reserve Bank of India's monetary policy committee, said