"inflation"

The Bank of England raised its main interest rate Thursday to a fresh 15-year high as it tries to bring down persistently high inflation.

Sri Lanka said that its inflation has dropped to 6.3 per cent, a single-digit figure for the first time in two years, providing much-needed relief to the people amidst the worst financial crisis.

Retail inflation for industrial workers inched up to 5.57 per cent in June compared to 4.42 per cent in May this year

The INSEE contributes the downward trend in inflation to lower energy prices and a slower increase in the prices of food products (for the fourth consecutive month) and of manufactured goods.

Investors now await retail inflation data for June to be released later today. Analysts expect inflation may see an uptick due to the sharp rise in tomato and a relative spurt in prices of pulses.

The Reserve Bank of India has said that higher retail inflation has impacted personal consumption expenditure

Governor Shaktikanta Das said that the RBI is optimistic and fairly confident over India's 6.5 per cent real GDP growth rate

Majority of analysts are now expecting the Reserve Bank of India to continue with a pause this year and cut rates in early-2024

Given the growth-inflation trade-off, Governor Das took the right call, particularly in the context of global slowdown

The pause in the policy rate hike must be seen as a pragmatic move given the global uncertainty

The Reserve Bank may go in for 25 basis points hike in benchmark interest rate at the bi-monthly policy to be unveiled on Thursday

Pakistan is now heading towards hyperinflation a situation when prices are out of control and in the territory of a 50 per cent surge

On a week-on-week basis, short-term inflation increased by 1.80 per cent as tomatoes, potatoes and wheat flour became costlier

The monetary policy tightening so far, and some fizzling of pent-up demand should also help ease CPI inflation

Rate hike comes as a warning to the government that the economy is still not entirely out of the woods.

While we aspire for the best in 2023, we have to perspire for all of it too

An inflation-targeting central bank like ours should have a credible inflation measure, and like every other key fiscal or monetary parameter, this too needs a check.

The sharp measures outlined in the December MPC review clearly indicate that fight against inflation will continue.

According to Chowdhury, the fall in retail inflation has been due to the quick drop in vegetable prices which is a seasonal phenomenon apart from the continuing softness in edible oil prices.

The repo rate, also called the policy rate, is the interest at which RBI lends money to the commercial banks.