Consumer inflation reached a four-month high of 5.69%, within the tolerance range of RBI

On January 12, the Indian government announced the consumer price index statistics for December. According to figures issued by the Ministry of Statistics and Program…

View More Consumer inflation reached a four-month high of 5.69%, within the tolerance range of RBI

CPI for India showed a four-month low of 4.87% in October 2023 : Delhi and Chhattisgarh reported least inflation rate

The Consumer Price Index (CPI) for India showed a four-month low of 4.87% in October 2023, down from 5.02% in September 2023, as a result…

View More CPI for India showed a four-month low of 4.87% in October 2023 : Delhi and Chhattisgarh reported least inflation rate
With a slowdown in prices of food and beverages, UK’s inflation remained at 6.7% in September

With a slowdown in prices of food and beverages, UK’s inflation remained at 6.7% in September

According to official numbers released on Wednesday, the UK’s inflation rate stayed at 6.7% in September amid a slowdown in price increases for food and…

View More With a slowdown in prices of food and beverages, UK’s inflation remained at 6.7% in September
Given the slowing of inflation, the Bank of England will put off raising interest rates.

Given the slowing of inflation, the Bank of England will put off raising interest rates

Despite a rise in fuel prices, Britain’s inflation rate unexpectedly declined, which relieved pressure on the Bank of England to hold off on raising interest…

View More Given the slowing of inflation, the Bank of England will put off raising interest rates
Consumer prices in the United States increased the most in 14 months as a result of rising petrol prices

Consumer prices in the United States increased the most in 14 months as a result of rising petrol prices

In August, US consumer prices surged the most in 14 months, owing to a spike in petrol costs, but the annual gain in underlying inflation…

View More Consumer prices in the United States increased the most in 14 months as a result of rising petrol prices
The CPI inflation rate, which peaked in July at 7.44%, a 15-month high, fell to 6.83% in August

According to the data, Rajasthan had the highest inflation rate, while Delhi had the lowest

Consumers should breathe easier knowing that retail inflation in India decreased in August as a result of declining food and vegetable costs. Read more :…

View More According to the data, Rajasthan had the highest inflation rate, while Delhi had the lowest
Vegetable price reductions caused India's retail inflation to decline more than anticipated from 7.44% to 6.83%.

Vegetable price reductions caused India’s retail inflation to decline more than anticipated from 7.44% to 6.83%.

Retail inflation in India decreased more than anticipated, with lower vegetable prices being a major factor. It continued to be over the central bank’s target…

View More Vegetable price reductions caused India’s retail inflation to decline more than anticipated from 7.44% to 6.83%.
Vegetable price cooling caused an August drop in inflation, but it is still higher than the RBI's target

Although August saw a decrease in inflation due to a cooling in vegetable prices, it is still higher than the RBI’s target.

India’s inflation rate likely declined in August after reaching a 15-month high in July as a result of dropping vegetable prices, according to a Reuters…

View More Although August saw a decrease in inflation due to a cooling in vegetable prices, it is still higher than the RBI’s target.