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Low Inflation

UK inflation dips slightly in August to 9.9% amid drop in fuel prices

Inflation in the United Kingdom slowed slightly last month as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain's cost-of-living crisis may be beginning to ease. The consumer price index rose 9.9 per cent in the 12 months through August, the Office for National Statistics said Wednesday. That's down from the 40-year high of 10.1 per cent reported last month and was lower than economists' expectations of 10 per cent. Britain has been hard hit by worldwide price shocks triggered by the war in Ukraine, with consumer prices rising at a faster pace than other major economies over the past year. Lower gasoline costs also slowed US inflation for a second straight month in August, but consumer prices that jumped 8.3 per cent from a year earlier were still painfully high much like in the UK. British Prime Minister Liz Truss last week moved to ease the pain, announcing a cap on household gas and electricity prices to head off an 80 per cent ...

UK inflation dips slightly in August to 9.9% amid drop in fuel prices
Updated On : 14 Sep 2022 | 7:33 PM IST

India's July WPI inflation eases to 13.93% as food, fuel prices decline

Wholesale Price Index-based (WPI) inflation was 15.18 per cent last month and at a record high of 16.63 per cent in May. It was 11.57 per cent in July 2021

India's July WPI inflation eases to 13.93% as food, fuel prices decline
Updated On : 16 Aug 2022 | 10:51 PM IST

Inflation likely slipped in Feb but will rebound soon: Economists poll

Indian retail inflation likely slipped marginally in February, thanks to lower food prices, according to economists who still warned that surging oil prices will push inflation much higher in future

Inflation likely slipped in Feb but will rebound soon: Economists poll
Updated On : 10 Mar 2022 | 9:05 AM IST

Rich-world problem of low inflation has arrived in emerging markets

Central banks have responded like their developed-country peers: by lowering interest rates. They have more room to keep going -- but they also face more obstacles on the way down

Rich-world problem of low inflation has arrived in emerging markets
Updated On : 03 Dec 2019 | 10:57 PM IST

Low inflation blues may taper off in the second half of FY18

Fall in prices in May worrisome for farmers because this may discourage them to grow pulses

Low inflation blues may taper off in the second half of FY18
Updated On : 14 Jun 2017 | 2:35 AM IST