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FOOD INFLATION JUNE 2023
Wholesale inflation hits record 9.9% in June on fuel, food pricesIndia's wholesale inflation surged to a record 9.9 percent in June. Fuel and power prices rose significantly, contributing most to this inc...
Rice, oilseed, pulses prices rise as Kharif crop sowing declinesRetail prices are rising due to reduced sowing of key kharif crops. Inflation has increased for rice, oilseeds, and major pulses in June. A...
Retailwinds delayed, so, nothing to fretRetail inflation has risen above the RBI's target, driven by fuel and food prices. Core inflation remains subdued, offering a better measur...
India inflation risks mount on renewed US-Iran tensions, El NinoIndia's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El N...
US consumer inflation cools in June on lower energy costsUS consumer inflation cooled more than anticipated in June, government data showed. Energy prices fell momentarily last month, aiding the i...
Retail inflation may harden in FY27, RBI could hike rates: CrisilRetail inflation in India is projected to increase through the fiscal year. Elevated fuel costs and input prices are driving this upward tr...
India's CPI inflation may average 5% in FY27; stable rupee, RBI policy to help contain price pressures: SBI ResearchIndia's retail inflation is expected to average 5% in FY27, with the RBI likely to keep interest rates unchanged for an extended period, ac...
WPI inflation quickens to 9.87% in June from 9.68% in MayIndia's wholesale inflation rose to 9.87 percent in June. This figure exceeded economists' earlier projections for the month. Higher prices...
Retail Inflation up to 4.4% on costlier food, transportIndia's retail inflation reached 4.4% in June, surpassing the central bank's target. Higher food and transport costs drove this increase, m...
India bonds join global rout after Mideast escalation jolts oil higherIndian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb...
US consumer inflation likely increased at a slow pace in June as gasoline prices retreatedU.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile cease...
India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
US Stock Market: Wall Street braces for pivotal week as earnings, inflation data and Middle East tensions come into focusWall Street faces a pivotal week with key economic data releases and corporate earnings. Investors will closely watch inflation figures and...
Charting the global economy: Iran war continues to cloud outlookJapan's bank lending expansion suggests room for the central bank to raise rates further. Meanwhile, high borrowing costs continue to impac...
Global Market: Japan wholesale inflation hits over three-year high, reinforcing BOJ rate hike expectationsJapan's wholesale inflation accelerated to its fastest pace in more than three years in June as companies passed on higher input costs driv...
El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumptionIndia's FMCG sector faces headwinds as El Nino threatens a weaker monsoon. A deficient monsoon could hurt agricultural output and weaken ru...
Global Market: China's factory inflation hits four-year high, keeping metals and industrial stocks in focusChina's factory-gate inflation reached its fastest pace in four years during June. Producer prices rose 4.1 percent year-on-year, driven by...
India consumer inflation likely breached RBI's 4% target in June, poll showsIndia's consumer inflation likely breached the central bank's target in June. Higher food and fuel prices added to cost pressures for consu...
The 'little boy' in the Pacific, India's monsoon and the big test aheadIndia's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sow...
Euro zone inflation falls more than expected, adding to ECB case for patienceEuro zone inflation dropped significantly in June, falling to 2.8% and easing pressure on the European Central Bank to hike interest rates ...