Japan’s Inflation Rises, Strengthening BoJ’s Rate Hike Outlook
Japan’s inflation surged past expectations in January, rising 3.2%—the highest since June 2023—driven by soaring food prices, including a record 70.9% jump in rice costs,...
Tag : inflation
India’s Inflation Expected to Hit 4% Target by FY26
India’s inflation is projected to ease in the fourth quarter, aligning with the 4% target by FY26, driven by a strong Rabi harvest, according to...
Consumer Inflation in the US Rise to 2.9% in December
US consumer inflation increased for the third consecutive month in December, driven by higher energy costs, according to government data released on Wednesday. This development...
Government Plans to Address Edible Oil Price Surge Ahead of Festive Season
Different ministries in India are expected to hold consultations soon on ways to provide relief to consumers as the Centre is “concerned with rising edible...
RBI Board Reviewed Global and Domestic Economic Scenario: 610th Meeting
The 610th gathering of the Central Board of Directors of the Reserve Bank of India was conducted on Wednesday in Mumbai, with Governor Shaktikanta Das...
Asian Development Bank kept 7% GDP Growth Forecast Unchanged for Indian Economy in FY25
The Asian Development Bank (ADB) has kept its GSD growth forecast for the Indian economy unchanged at 7% for the fiscal year 2025. For the...
Commodity Price Rally in July; Adds Fuel to Inflation Concerns
Inflation concerns have been raised as most commodities witnessed substantial price gains during July. From food to metal to energy, a broad range of commodities...
Germany Slips into Recession as Inflation Hits Europe’s Largest Economy
Europe’s largest economy has been pushed into a recession by persistent inflation, last year’s energy price shock, reduced consumer spending and dried-up Russian gas supplies...
Argentina Raises Interest Rates to 97% to Tackle 100% Inflation
Argentina’s Central Bank hiked its benchmark interest rate by six percentage points on Monday, to 97%, in a bid to combat surging inflation, which has...
RBI MPC Lowers Inflation Forecast, Projects Faster Growth for FY24
On Thursday, the governor of the Reserve Bank of India (RBI), Shaktikanta Das, announced that the Monetary Policy Committee (MPC) had reduced its Consumer Price...
