Page 25 - Latest Updates on Inflation
From India to US, sharpest rise in food price since 1970s challenges govts
Global food prices were up 33% in August from a year earlier with vegetable oil, grains and meat on the rise, data from the United Nations Food and Agriculture Organization show
 "From India to US, sharpest rise in food price since 1970s challenges govts")
Sensex ends at record high, up 476 pts; Voda Idea gains 3% on govt relief
Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
 "Sensex ends at record high, up 476 pts; Voda Idea gains 3% on govt relief")
As inflation eases, RBI to continue with accommodative stance: Economists
The August consumer price index inflation print came at 5.3 per cent, lower than the consensus of 5.6 per cent.
 "As inflation eases, RBI to continue with accommodative stance: Economists")
Wall Street slips as tax uncertainty outweighs easing inflation worries
August CPI grows at slowest pace in six months; energy, financials retreat from early gains
 "Wall Street slips as tax uncertainty outweighs easing inflation worries")
US consumer price growth cools in August, smallest gain in seven months
Treasuries pared declines following the data, while the dollar fell and S&P 500 futures rose.
 "US consumer price growth cools in August, smallest gain in seven months")
India's WPI inflation rises to 11.39% in August on higher fuel prices
Snapping the two-month easing trend, WPI inflation rose in August and remained in double-digit for the fifth consecutive month. In July 2021, WPI inflation stood at 11.16 per cent
 "India's WPI inflation rises to 11.39% in August on higher fuel prices")
Inflation pullback boosts RBI's easy money policy before Oct policy meeting
Consumer prices rose 5.3% last month from a year earlier, the Statistics Ministry said in a statement on Monday
 "Inflation pullback boosts RBI's easy money policy before Oct policy meeting")
Inflation data, global trends to guide markets this week: Analysts
Inflation data and global trends would be the major driving factors for the equity markets this week which after a record-breaking run took a breather in recent trades, analysts said.
 "Inflation data, global trends to guide markets this week: Analysts")
Elevated inflation can be a drag on overall economic recovery: Ind-Ra
India Ratings and Research (Ind-Ra) has said that salaried and wages earners will be a drag on overall economic recovery in medium term due to tepid recovery of household consumption.
 "Elevated inflation can be a drag on overall economic recovery: Ind-Ra")
Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood
Global fund managers should keep an eye on the 5-yr forward inflation expectation rate in the US to get a sense of the timing of taper by the US Fed
 "Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood")
Fag-end buying drives Sensex higher after two-day hiatus, up 55 points
Airtel, Nestle India, TCS and ITC contributed the most to gains for the benchmark indices
 "Fag-end buying drives Sensex higher after two-day hiatus, up 55 points")
'Inflation' mentioned most since 2003 in Asian companies' earnings calls
Call transcripts show recession-proof businesses are concerned about unprecedented increases in raw material prices
 "'Inflation' mentioned most since 2003 in Asian companies' earnings calls")
US normal coinciding with RBI tightening on inflation worrying: Acharya
Former RBI Deputy Governor Viral Acharya on Wednesday said he is worried about US tapering coinciding with RBI's rate tightening, and warned that barring high forex reserves
 "US normal coinciding with RBI tightening on inflation worrying: Acharya")
Why investors should be wary of the 'Unlock' trade: Let's look at the logic
Consumption growth could be disappointing and stock prices have run up fast
 "Why investors should be wary of the 'Unlock' trade: Let's look at the logic")
Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria
The founder & managing director of Valentis Advisors says the firm expect a time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months
 "Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria")
'We feel once crops come out, inflation will come down,' says Revenue Secy
Major contributors to inflation are edible oil and pulses, and to boost their availability in the market, the supply side has been addressed through duty cuts, a senior finance ministry official said
 "'We feel once crops come out, inflation will come down,' says Revenue Secy")
Patchy rains send inflation jitters, but not everyone's alarmed
For instance, Crisil Research said though there is stress in a couple of states and crops, there is no big reason for alarm
 "Patchy rains send inflation jitters, but not everyone's alarmed")
India's volatile rains may create challenges for inflation, says Barclays
The nation is facing an 8% rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Barclays chief India economist
 "India's volatile rains may create challenges for inflation, says Barclays")
Taper may push yields on domestic bonds upwards: Arun Srinivasan
Arun Srinivasan, senior executive vice president and head of fixed income, ICICI Prudential Life Insurance says 10-year G-sec benchmark may inch closer to 6.40-6.45 per cent by 2021 end
 "Taper may push yields on domestic bonds upwards: Arun Srinivasan")
MPC minutes: RBI Guv pitches for continued policy support to revive growth
Reserve Bank Governor Shaktikanta Das opined that continued policy support with a focus on revival and sustenance of growth was the most desirable and judicious policy option at the moment
 "MPC minutes: RBI Guv pitches for continued policy support to revive growth")
