Page 4 - Cpi Inflation

What to expect from the RBI's upcoming monetary policy announcement?

In the last policy announcement on June 8, the Reserve Bank of India (RBI) announced a repo rate hike of 50 basis points to take the rate from 4.4 per cent to 4.90 per cent

Why using CPI for REER calculation has been self-destructive for India

Given its stage and uncompetitive infrastructure, India's approach has been largely naïve or self-destructive

'Heat wave also pushed food inflation; expect CPI to come at 6.8% in FY23'

The heat wave in early 2022 was the key domestic factor responsible for pushing up food prices this year, a Crisil Ratings arm said on Monday.

Falling commodity prices may soften inflation, but it may remain elevated

Parliament likely to discuss the matter today; MPC to consider matter at 3-day meet that begins on Wednesday

RBI Policy: How has inflation fared since the last monetary policy meeting?

Ever since the RBI MPC started to hike the repo rate in May, CPI inflation has eased from 7.79 per cent in April to 7.01 per cent in June

US Fed meeting, and will the markets see a sell-off again?

Global financial markets are waiting with bated breath for the outcome of the two-day US Federal Reserve meeting this week. Let's find out what leading analysts expect from the US central bank

Analysts slash India's GDP forecast amid high inflation, recession fears

On Thursday, ADB lowered India's growth forecast from 7.5 per cent to 7.2 per cent for FY23. Earlier on July 18, US-based Morgan Stanley also slashed India's GDP growth forecast to 7.2 per cent

Jairam Ramesh slams FinMin, calls tax hike cruel when CPI inflation over 7%

Congress denounced Finance Minister Nirmala Sitharaman for defending the hike in GST rates and questioned the timing saying its "cruel" to hike the rates when CPI is over 7 per cent

No relief for markets as Fed gets aggressive to tame inflation: Chris Wood

The latest consumer inflation (CPI) print in the US for June came in at 9.1 per cent - the highest reading since 1981, and surpassed most analysts' expectations, who had pegged this at 8.8 per cent

22 states, UTs see rise in inflation, despite marginal reduction overall

Lakshadweep was the only UT where the urban inflation rate was in double digits in June

Global recession fears may ease inflationary pressures: Govt report

Review released by ministry also said that global headwinds would continue to pose downside risk to growth as crude oil and edible oils, remain major imported components

US inflation impact: Global recession fears to cool WPI inflation in India

Impact on CPI inflation to come later, rupee depreciation to negate some of this impact

Dollar ascendant as CPI stokes Fed bets; Aussie jumps on strong jobs

The dollar resumed its relentless rise on Thursday, driven by both expectations for faster Federal Reserve policy tightening and safe-haven flows amid growing fears of a recession

Ahead of inflation data, understanding how CPI is linked to RBI and markets

The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand and liquidity in the economy

CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May

According to MPC's own projections, the inflation rate may not come down below 6% on average before the fourth quarter of the current financial year

Inflation risk has peaked in Asia; rate hikes may moderate: Morgan Stanley

Inflation as measured by the CPI index stood at 7.04 in May 2022, higher than the Reserve Bank of India's (RBI's) comfort zone of 2 - 6 per cent

What RBI's letter to govt on missing inflation target is likely to contain

Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and steps MPC will take to achieve it going forward

Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr

FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows

Big rate hikes to be the global norm as inflation remains a challenge

With no end in sight to Russia's invasion of Ukraine, commodity prices remain elevated and supply chains remain disrupted

MPC minutes flag inflation worry; aim to bring CPI within target band by Q4

CPI inflation was 7.04% in May. In its June policy review, the MPC raised repo rate by 50 bps to 4.9%, taking the total tally of rate hikes since May to 90 bps