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 year-on-year inflation for June 2024 was 3.67 per cent as compared to 5.57 per cent in June 2023.
The latest remarks from the US Federal Reserve Chair, Jerome Powell, mark a significant turning point in America’s monetary policy landscape.
The latest data on US inflation is setting the stage for a pivotal moment in economic policy, as the Consumer Price Index (CPI) rose a modest 0.2 per cent in July, and the year-on-year increase fell to 2.9 per cent, the smallest since 2021.
Inflation in July dropped to the lowest point in the last three years in the US, according to data released on Wednesday, setting up a likely rate cut by the Federal Reserve next month.
India's July retail inflation rate of 3.54 per cent has reached a five-year low, signalling a positive shift for the economy. This decline, largely due to a decrease in food inflation and a favourable base effect, has exceeded expectations and brought relief to consumers and policymakers alike.
