Food prices were 8.3 per cent higher in September 2022 compared with September 2021 in New Zealand, the country's statistics department Stats NZ said on Thursday
Peaking of inflation, analysts believe, could put a cap on bond yields and a floor on equity valuations
Wholesale price inflation rate is now in double digits for 13 consecutive months.
India's March wholesale price index-based inflation (WPI) surged to 14.55 per cent on rising edible oil prices and increase in power prices. WPI inflation in February stood at 13.11 per cent.
Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now
This is the highest WPI rate in 2011-12 series with WPI inflation remaining in double digits for 8th month in a row
"Food prices tend to go up as soon as the rates of petroleum products increase," Dawn quoted Suleri as saying.
This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it
The wholesale price-based inflation shot up to an all-time high of 10.49% in April, on rising prices of crude oil and manufactured items
Most experts say the numbers are worrisome and can dent the economic recovery going ahead. Here's how economists at leading brokerages and research houses have interpreted the numbers
Provisional data shows that inflation impact in 2020-21 is expected to be about 3.9%, down from 7.4% in 2019-20
The members of the Reserve Bank of India's fourth bi-monthly monetary policy Committee began their three-day meeting today, and are expected to announce the outcome on Friday
Damage to standing crops due to extended rain, depletion of stocks at home and in global markets could spoil the calculations
The Wholesale Price Index (WPI)-based inflation rose to 1.32 per cent in September 2020, mainly on the back of costlier food articles
Inflation continues to be high and food prices are going through the roof. In fact, retail inflation climbed to an eight-month high in September, and wholesale inflation to a seven-month high.
The August 6-10 Reuters poll of over 45 economists showed Indian retail inflation rose to 6.15 per cent last month from 6.09 per cent in June
Since March 2020, WPI food inflation rate continued to fall but the CPI-food inflation rose, signaling a breakdown in supply chain from the mandis to the final household
Inflation in food articles during May stood at 1.13 per cent, as against 2.55 per cent in April
Economists said the low inflation had come amidst a low response rate, and was contrary to expectations of disinflation
There is a yawning gap between a majoritarian political agenda and an understanding of every citizen's basic constitutional rights