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 vegetarian thali has become dearer by 9% to Rs 27.8 in May due to costlier vegetables marking a surge from Rs 25.5 same month last year, according to ratings agency CRISIL.
The AAP leader said prior to the 2014 elections, the BJP sought votes in the country making inflation its biggest issue and gave the slogan ‘Bahut hui mehangai ki maar, Abki baar Modi Sarkar’ (Enough of inflation, this time it’s the Modi government).
The report, released on Thursday, also said that going forward robust foreign inflows and comfortable trade deficits are expected to keep the rupee within a comfortable range.
Inflation, once thought to be tamed and controlled by the steady hand of central banks, is staging a comeback, and it is not a quiet one. The era of low inflation, marked by decades of economic stability, seems like a distant memory as we grapple with the resurgence of price pressures.
Amidst mixed signals from global peers, investor sentiment remained volatile, influenced by uncertainties surrounding pivotal policy decisions from major central banks, says Vinod Nair, Head of Research, Geojit Financial Services.
