Retail inflation or Consumer Price Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. This is well within the Reserve Bank of India (RBI’s) comfort zone and will likely encourage the Monetary Policy Committee (MPC) to cut repo rate in the April review to boost GDP growth.The All India…
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to dog officials at the Federal Reserve: How will these policies impact the central bank’s plans to lower interest rates? One influential Fed governor made clear on Monday that he did not expect Mr. Trump’s…
NEW DELHI: Retail inflation eased to a five-month low in January as vegetable prices moderated, bringing much-needed relief to authorities battling stubborn price pressures, while industrial output growth slowed, led by a sluggish manufacturing sector. Data released by the National Statistical Office (NSO) on Wednesday showed retail inflation, as measured by the consumer price index…
Retail inflation eased to a five-month low at 4.31 per cent in January primarily due to declining food costs, as per the official data released on Wednesday. The Consumer Price Index-based retail inflation stood at 5.22 per cent in December and 5.1 per cent in January 2024Additionally, food inflation stood at 6.02 per cent, showing…
Australian inflation has dipped to a three year low of 3.2 per cent, paving way for a much expected rate cut the following month, offering the government a boost ahead of a cost of living election.The Reserve Bank of Australia’s (RBA) preferred inflation measure, which excludes volatile price swings, dropped to an annual 3.2 per…
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and was up 2.9 percent from a year earlier, the Labor Department said on Wednesday. It was the fastest one-month increase in overall prices since February,…
