Tag: Core Inflation
Inflation is back around the world—as is the fight against it
WHO REMEMBERS the “soft landing”? In 2022-23 central bankers dreamed of bringing high inflation down without triggering a recession. Some countries came awfully close to…
MPC flags possibility of policy tightening
Kolkata: India’s monetary policy makers flagged possibility of policy rate tightening in the third quarter if the higher food and fuel prices lead to second…
Retail Inflation up to 4.4% on costlier food, transport
New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…
RBI expected to hold repo at 5.25% as uncertainty eases, will watch food and fuel pass-through: BofA Securities
New Delhi: The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming…
India inflation likely rose to 4% in May as food, fuel costs climb
India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…
India’s wholesale inflation at multi-year high of 3.88% in March; up from 2.13% in February
India’s wholesale price inflation (WPI) accelerated to over a three-year high of 3.88% in March from 2.13% in February, as per government data released on…
RBI likely to go for a prolonged policy rate pause: ICICI Bank report
The odds of a monetary policy rate hike are quite low given benign core inflation, according to ICICI Bank Global Markets. As a result, it…
RBI’s inflation gaze adds gold and silver prices along with onion and tomatoes
RBI MPC: The Reserve Bank of India in its Monetary Policy Committee on Friday flagged rising gold and silver prices as a material factor shaping…
Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet
New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…
India’s retail inflation likely fell to multi-year low of 0.48% in October: Reuters poll
India’s consumer inflation rate likely plunged to the lowest in at least a decade in October on a sustained fall in food prices, and intensified…