Page 3 - Cpi Inflation

Headline inflation might have peaked in September, says RBI report

But cautions that fight against price rise will be 'dogged and prolonged'

Inflation 'manageable' at 7.4%, love to see it down to 4%, says Sitharaman

However, anticipating critics, Sitharaman added that the government is working to bring it down under 6% and would like to bring it down under 6% and "ideally" to 4%

High food price-led inflation worrisome for markets, policymakers: Analysts

High inflation will keep the markets on edge as they were hoping that the global central banks, especially the US Fed and the RBI will go soft on rate hikes over the next few months

As MPC fails on CPI mandate, RBI's growth-inflation balance gets trickier

The central bank will now have to provide a report to the government explaining the reasons for the failure and the steps to be taken

September CPI inflation at 7.41 per cent: How analysts interpret the number

Analysts at UBS expect headline CPI inflation to average 6.7 per cent YoY in FY23 and see RBI's policy outlook to be data dependent contingent on the Fed action

Top headlines: India's CPI inflation rises to 7.4%; Wipro Q2 net falls 9%

Business Standard brings you top news of the evening

RBI policy: Repo rate hiked by 50 bps to 5.9%; FY23 GDP forecast cut to 7%

CPI inflation for the current financial year is seen at 6.7%, with the price gauge seen at 7.1% in July-September

Retail inflation in Sept to rise to five-month high at 7.4%: Deutsche Bank

India's headline retail inflation is expected to rise to a five-month high of 7.4% in September, with the risk of going higher if the momentum of food and vegetable prices picks up further in the rest

RBI policy: MPC may raise repo rate 35-50 bps, shows Business Standard poll

Many expect the RBI to lower the GDP growth estimate to 7%

Firms starting to pass on rising costs amid pick-up in demand: RBI study

Report says the gap between output and input prices widened during the pandemic, particularly after the first Covid-19 wave

Growth on strong footing, further tightening needed: RBI report

On the exchange rate, the report said the rupee was holding its poise, with adequate supplies of dollars

Bond yields drop, rupee logs biggest single-day gain since July 27

The rise in bond prices came despite an increase in India's consumer price index inflation, which strengthens the case for the Reserve Bank of India to continue tightening monetary policy

China's consumer inflation moderates in Aug as lockdowns suppress spending

The consumer price index rose 2.5% from a year earlier, the National Bureau of Statistics said Friday, down from 2.7% gain in July

Bonds, rupee strengthen as crude oil prices fall below $90 a barrel

Hope of global index inclusion drags down bond yields, FPI flows bolster rupee

Not convinced of durable fall in inflation: RBI Deputy Guv Michael Patra

CPI inflation was at 6.7% in July, the first time in four months that the price gauge fell below 7%

Lesser rate hikes will be needed if CPI falls below forecasts: Ashima Goyal

Liquidity should be in surplus as long as Fed's quantitative tightening continues

Centre says it has no plan to import wheat, sufficient stock available

Wheat production is estimated to have declined due to a heatwave that resulted in shrivelled grains in the northern states of Punjab and Haryana

With inflation at 8.9%, Europe bond rally at risk of complacent market

With the worst yet to come in Europe, strategists say policy makers may hike more aggressively than many expect, upending a bond rally that some say has gone too far

Rupee gains sharply as slowing US inflation softens Fed hike fears

Data released late Wednesday showed that US CPI inflation increased by a lesser-than-expected 8.5% in July as against a rise of 9.1% in June

Latest RBI survey shows household inflation expectations eased 80 bps

Households' 3-month, one-year inflation expectations fell 50 bps, 60 bps