Cooling Inflation
India’s retail inflation easing to a five-month low of 4.31 per cent in January presents a significant moment for economic policy.
India’s retail inflation easing to a five-month low of 4.31 per cent in January presents a significant moment for economic policy.
Median inflation expectation for the three months horizon increased by 20 bps to 9.3%. It inched up by 10 bps to 10.2% for one year ahead.
The Index exhibited a further downward momentum in January, dipping to 4 per cent on a YoY basis, moderating from 5.4 per cent in December.
The Eurozone's annual inflation rate climbed to 2.5 per cent in January, up from 2.4 per cent in December 2024, according to a flash estimate released by Eurostat on Monday.
The Indian middle class, often hailed as the backbone of the nation’s economy, is at a critical juncture.
The annual rate of inflation based on the all India Wholesale Price Index (WPI) for December rose to 0.73 per cent, a nine-month high, according to government data on Monday.
The recent surge in inflation, charac- terised by supply chain disruptions, pent-up demand, and geopolitical events, prompts us to re-evaluate con- ventional wisdom on inflation management.
According to MoSPI data, the highest inflation was recorded in the food and beverages category at 8.70 per cent.
Inflation in the US rose more than expected in December thanks to a jump in energy and housing costs, underscoring the challenge of taming price pressures within the economy, reports said.
The consecration ceremony of the Ram temple in Ayodhya is scheduled to be held on January 22.
