US Holiday Growth to be Sluggish as Inflation Hit Shoppers
US sales growth is expected to slow this holiday season since consumers are facing decades-high inflation. Reports suggest that budget-conscious consumers are seeking to stretch...
Tag : inflation
Indian Oil Corporation to Expand Operations in Sri Lanka
The Indian Oil Corporation (IOC) will likely expand its operations in Sri Lanka by opening 50 fuelling stations. As the island nation is going through...
Inflation in Netherlands Above 10% for First Time Since 1975: CBS
Central Bureau of Statistics (CBS) has announced that inflation in the Netherlands increased to 10.3% in July. This is the highest since September 1975. The...
July Vehicle Registrations Fall 8% as Rains, Inflation Hurt Demand: FADA
On Thursday, the Federation of Automobile Dealers Associations of India (FADA) reported that vehicle registrations in July dipped 8% year on year. This can be...
RBI MPC Meet Starts Today, Repo Rate Hike on the Cards
Today, three days Monetary Policy Committee meeting is scheduled with the governor of the Reserve Bank of India (RBI), Shaktikanta Das, and another member of...
RBI Revises Inflation & Growth Forecasts
Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) voted to keep the policy repo rate unchanged at 4 per cent and decided to...
WPI Inflation Rises to 13.11% in February
Data released by the government revealed that wholesale inflation in India had grown to 13.11 per cent in February. It had moderated to 12.96 per...
Manufacturing PMI Boosts to 54.9 in Feb
The Indian manufacturing sector further expanded in February, with the sector’s manufacturing Purchasing Managers’ Index (PMI) increasing to 54.9 in February from 54 in January....
IMF Says Economies Must Prepare for Fed Policy
The International Monetary Fund (IMF) has said that emerging economies should prepare for US interest rate hikes. The Federal Reserve can discourage financial markets and...
UK Inflation Reaches to 1.5% in April
UK consumer price inflation more than doubled in April. Consumer prices rose by 1.5 per cent in April, the Office for National Statistics said, following...