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.
Pakistan’s weekly inflation rate remained at a six-month high of 43.16 per cent in the week ending December 14, as soaring food prices continued to squeeze consumers, a media report said.
The month-over-month change in WPI index for the month of November, 2023 stood at 0.53 per cent as compared to October, 2023.
Inflation in the US is slowing down to 3.1 per cent, the lowest in two years, signalling continued moderation of consumer price increases. That’s a bit slower than the inflation in October’s prices, as last month the CPI was up 3.2 per cent over the previous month.
The Congress general secretary said privatising and shutting down of Public Sector undertakings led to acute unemployment among the youth of the country.
According to the Union Consumer Ministry, in places where prices have increased significantly, onions are being removed from the buffer stock in both the wholesale and retail sectors
