Page 75 - Latest Updates on Inflation
Global inflation spike seen posing near-term risks to economy: OECD
Supply-chain difficulties, surging commodities prompted OECD to raise its forecast for consumer-price gains this year and next in every Group of Seven country aside from Japan
 "Global inflation spike seen posing near-term risks to economy: OECD")
RBI deputy governor Patra sees FY22 inflation at 5.7% or lower
Economists say RBI likely to revise inflation forecast downward in October policy
 "RBI deputy governor Patra sees FY22 inflation at 5.7% or lower")
UK economy posts the biggest jump in annual inflation on record
The UK posted the biggest jump in annual inflation on record last month as global supply shortages and rising wages magnified the scale of price increases after pandemic-related discounts a year ago.
 "UK economy posts the biggest jump in annual inflation on record")
Sensex ends at record high, up 476 pts; Voda Idea gains 3% on govt relief
Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
 "Sensex ends at record high, up 476 pts; Voda Idea gains 3% on govt relief")
From India to US, sharpest rise in food price since 1970s challenges govts
Global food prices were up 33% in August from a year earlier with vegetable oil, grains and meat on the rise, data from the United Nations Food and Agriculture Organization show
 "From India to US, sharpest rise in food price since 1970s challenges govts")
As inflation eases, RBI to continue with accommodative stance: Economists
The August consumer price index inflation print came at 5.3 per cent, lower than the consensus of 5.6 per cent.
 "As inflation eases, RBI to continue with accommodative stance: Economists")
Wall Street slips as tax uncertainty outweighs easing inflation worries
August CPI grows at slowest pace in six months; energy, financials retreat from early gains
 "Wall Street slips as tax uncertainty outweighs easing inflation worries")
US consumer price growth cools in August, smallest gain in seven months
Treasuries pared declines following the data, while the dollar fell and S&P 500 futures rose.
 "US consumer price growth cools in August, smallest gain in seven months")
India's WPI inflation rises to 11.39% in August on higher fuel prices
Snapping the two-month easing trend, WPI inflation rose in August and remained in double-digit for the fifth consecutive month. In July 2021, WPI inflation stood at 11.16 per cent
 "India's WPI inflation rises to 11.39% in August on higher fuel prices")
Inflation pullback boosts RBI's easy money policy before Oct policy meeting
Consumer prices rose 5.3% last month from a year earlier, the Statistics Ministry said in a statement on Monday
 "Inflation pullback boosts RBI's easy money policy before Oct policy meeting")
Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood
Global fund managers should keep an eye on the 5-yr forward inflation expectation rate in the US to get a sense of the timing of taper by the US Fed
 "Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood")
Elevated inflation can be a drag on overall economic recovery: Ind-Ra
India Ratings and Research (Ind-Ra) has said that salaried and wages earners will be a drag on overall economic recovery in medium term due to tepid recovery of household consumption.
 "Elevated inflation can be a drag on overall economic recovery: Ind-Ra")
Fag-end buying drives Sensex higher after two-day hiatus, up 55 points
Airtel, Nestle India, TCS and ITC contributed the most to gains for the benchmark indices
 "Fag-end buying drives Sensex higher after two-day hiatus, up 55 points")
'Inflation' mentioned most since 2003 in Asian companies' earnings calls
Call transcripts show recession-proof businesses are concerned about unprecedented increases in raw material prices
 "'Inflation' mentioned most since 2003 in Asian companies' earnings calls")
US normal coinciding with RBI tightening on inflation worrying: Acharya
Former RBI Deputy Governor Viral Acharya on Wednesday said he is worried about US tapering coinciding with RBI's rate tightening, and warned that barring high forex reserves
 "US normal coinciding with RBI tightening on inflation worrying: Acharya")
Why investors should be wary of the 'Unlock' trade: Let's look at the logic
Consumption growth could be disappointing and stock prices have run up fast
 "Why investors should be wary of the 'Unlock' trade: Let's look at the logic")
Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria
The founder & managing director of Valentis Advisors says the firm expect a time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months
 "Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria")
'We feel once crops come out, inflation will come down,' says Revenue Secy
Major contributors to inflation are edible oil and pulses, and to boost their availability in the market, the supply side has been addressed through duty cuts, a senior finance ministry official said
 "'We feel once crops come out, inflation will come down,' says Revenue Secy")
Patchy rains send inflation jitters, but not everyone's alarmed
For instance, Crisil Research said though there is stress in a couple of states and crops, there is no big reason for alarm
 "Patchy rains send inflation jitters, but not everyone's alarmed")
India's volatile rains may create challenges for inflation, says Barclays
The nation is facing an 8% rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Barclays chief India economist
 "India's volatile rains may create challenges for inflation, says Barclays")