Page 28 - Latest Updates on Inflation
From households to FMCG companies, commodity inflation bites hard
The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers
 "From households to FMCG companies, commodity inflation bites hard")
Take adequate, long-term exposure to equities to counter inflation
In the short term, take on part-time work and postpone discretionary expenses to cope with this round of price rise which may not end in a hurry
 "Take adequate, long-term exposure to equities to counter inflation")
China's factory gate price growth slows, but inflationary pressures persist
China's factory gate prices rose at a slightly slower pace in June, providing some reprieve for businesses though persistently high raw material costs are threatening to undermine economic recovery
 "China's factory gate price growth slows, but inflationary pressures persist")
Analysis-A fine mess: Weak inflation prompts a global central bank reset
By Howard Schneider and Leika Kihara
 "Analysis-A fine mess: Weak inflation prompts a global central bank reset")
Bonds rally after RBI guv indicates accommodative policies will continue
"Any hasty withdrawal of monetary policy support will negate the nascent or incipient recovery that is taking place," RBI Governor Shaktikanta Das told Business Standard in an interview
 "Bonds rally after RBI guv indicates accommodative policies will continue")
US Fed keen to be 'well positioned' to act on inflation, minutes show
Federal Reserve officials last month felt substantial further progress on the US economic recovery "was generally seen as not having yet been met"
 "US Fed keen to be 'well positioned' to act on inflation, minutes show")
Hasty withdrawal of easy policy can undo gains: RBI Guv Shaktikanta Das
Inflation is showing signs of stickiness, but it is only a "transitory hump" that should moderate in the third quarter, he said.
 "Hasty withdrawal of easy policy can undo gains: RBI Guv Shaktikanta Das")
EU growth forecast for 2021 raised to 4.8%, but with inflation warning
The European Commission increased its growth forecast for the currency bloc to 4.8% from 4.3% previously, while predicting better performance in 2022 too
 "EU growth forecast for 2021 raised to 4.8%, but with inflation warning")
Inflation seen rising in India, China, other big Asian nations in 2022
Surging costs of imported commodities have driven China's factory inflation to the highest level since 2008, while selling prices to consumers are holding fairly steady.
 "Inflation seen rising in India, China, other big Asian nations in 2022")
Inflation, Covid-19 and debt top central bank worries: UBS survey
Fears about inflation and uncontrolled rises in long-term yields, a risk not flagged by participants at all in last year's Annual Reserve Manager Survey, were raised by 57% of respondents this year
 "Inflation, Covid-19 and debt top central bank worries: UBS survey")
Inflation seen rising in China, other big Asian nations in 2022
China's consumer prices will climb an estimated 80 basis points next year, the most in Asia, followed by Indonesia seen observing an increase of three quarters of percentage point
 "Inflation seen rising in China, other big Asian nations in 2022")
Oil price gains threaten central banks' transitory inflation narrative
OPEC+ brinkmanship has taken oil prices towards $80 a barrel, the highest since 2018, threatening to upend central banks' transitory inflation narrative as well as the post-pandemic economic recovery
 "Oil price gains threaten central banks' transitory inflation narrative")
Inflation could impact liquidity flowing into equities: IIFL Wealth Jt CEO
In a Q&A, Anirudha Taparia says investors should not be swayed by market momentum, and must find deep value by identifying robust long-term themes available at compelling valuations
 "Inflation could impact liquidity flowing into equities: IIFL Wealth Jt CEO")
IPGA urges govt to keep retail prices in-sync with wholesale prices
The nodal body for pulses and grains trade and industry in India - has sought to initiate immediate measures to curb the skyrocketing prices of pulses and grains in the retail market.
 "IPGA urges govt to keep retail prices in-sync with wholesale prices")
The current 'inflation' is a mystery. FinMin, RBI must tread carefully
At a time of declining incomes, people don't have money. So they do not buy. If they don't buy, prices must fall, not increase. What, then, explains the inflation? T C A Srinivasa Raghavan explores
Centre did nothing in 7 years to control inflation, says Ashok Gehlot
Rajasthan CM Ashok Gehlot on Sunday blamed the Centre's policies for the rising inflation in the country and said the government has taken no concrete step in the last seven years to bring it down.
 "Centre did nothing in 7 years to control inflation, says Ashok Gehlot")
Pakistan's trade deficit widens by 32.9 per cent in fiscal 2021
The country is burdened by high inflation, rising food prices, raised electricity charges
 "Pakistan's trade deficit widens by 32.9 per cent in fiscal 2021")
Govt imposes stock limits on pulses till October to check price rise
Decision comes at a time when prices of most pulses have come off from their peaks and have softened by Rs 5-20 per kg in the retail markets the past one month
What inflation? Pandemic leaves emerging Asia's consumer recovery behind
Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to some developed markets
 "What inflation? Pandemic leaves emerging Asia's consumer recovery behind")
Best of BS Opinion: India's data deficiency, question of compliance & more
Here are the best of Business Standard's opinion pieces for Wednesday
 "Best of BS Opinion: India's data deficiency, question of compliance & more")
