Friday, October 22, 2021

Inflation

Editorial: Cautious outlook

A ‘stable’ outlook should not lead to complacency as several parameters, including inflation, unemployment, are still in the red zone

Editorial: Cautious optimism

Just a flattening of infection curve will not lead to restoration of normal growth trajectory

Editorial: Inflation worries

The govt must act to quickly rein in the runaway inflation before it inflicts further distress on people and erodes the demand, making an equitable recovery even more difficult

Retail inflation for industrial workers rises marginally to 5.24 pc in May

Food inflation stood at 5.26 per cent last month against 4.78 per cent in April 2021 and 5.88 per cent in the corresponding month a year ago.

Oil prices very challenging: India to OPEC

Fuel rates are at record highs across the country and petrol has crossed Rs 100 a litre mark in about a dozen states and union territories.

RBI likely to maintain status quo in August policy: SBI report

The Consumer Price Index (CPI)-based inflation hit a six-month high of 6.3 per cent in May, from 4.3 per cent in April.

WPI inflation hits all-time high of 12.94% in May

Inflation in fuel and power basket spiked to 37.61 per cent during May, against 20.94 per cent in April, amid hardening of global commodity prices.

Retail inflation rises to 6.3% in May

As per the data released by the National Statistical Office (NSO), inflation in the food basket was 5.01 per cent in May, significantly up from 1.96 per cent in the preceding month.

India’s services sector slumps in May

International demand for Indian services also worsened, with new export business falling at the quickest rate in six months.

Global shares gain despite pandemic, inflation fears

Regional markets shrugged off data showing Japan's economy contracted at 5.1% annual pace in the last quarter as numbers of new coronavirus cases surged.

Global stock markets sink as inflation worries mount

Rising prices reflect growing economic activity after last year's global shutdown to fight the coronavirus pandemic.

RBI targets 5.2 per cent retail inflation for first half of FY22

Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.

Inflation remains low in last 7 years: Govt

In 2013-14, there was double-digit inflation. In comparison to that, now inflation is less.

Retail inflation for farm, rural workers eases in January

The numbers in December 2020 had stood at 2.35 per cent and 3.34 per cent, respectively

RBI projects GDP growth rate of 10.5 per cent for FY’22

RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.

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