Inflation keeps breaking records in Sweden, with the CPIF (Consumer Price Index with fixed interest rate) 12-month inflation hitting 9.7 per cent in September, the highest level in three decades
If RBI increases the repo rate, the cost of borrowing by banks also rises, which subsequently makes taking loans from banks costlier
India's government is in no hurry to push inflation, now hovering near 7% and eight-year highs, back to the central bank's 4% medium-term target for fear that aggressive rate hikes could hurt growth
US Federal Reserve officials indicated that further rate hikes could follow as there is "little evidence" that inflation pressures were subsiding, according to the Fed's latest policy meeting.
Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies
Stocks have globally taken a hit as consumers are fearing an impending recession market based on inflation trends in recent times
Tea, edible oil, pulses, meat, cooking gas and services have gone up by 20%-40% since the Covid pandemic began in early 2020
BoE 1st major central bank to raise rates since pandemic. ECB cuts stimulus; BoJ set for decision on friday
Retail price inflation falling in July to a three-month law could be a blip that disappears with rising consumer demand.
Domestic sales grew by 10 per cent in Q4, but gross margin contracted by 217 basis point to a 10-quarter low of 56.5 per cent
Under the new mechanism, the govt has mandated RBI to bring down inflation to below 6% by Jan 2016 i