News Muncher - category inflation eases

6 months, 1 week ago

US inflation eases to 3.3% in May, defying expectations for slight rise

Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year. "The cool inflation numbers should boost investor confidence for a Fed rate cut in the second half of 2024," said Bret Kenwell, US investment analyst at trading platform eToro. With inflation slowing and other recent data …

Market Fed Rate Us Inflation Inflation Eases

1 year, 6 months ago

Retail inflation eases to over 2-year low at 4.25% in May

Hindustan Times

Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and fuel items. Representative Image Inflation based on the Consumer Price Index stood at 4.7 per cent in April and 7.04 per cent in May 2022. This is the fourth straight month when retail inflation has declined and the …

Retail Cent Retail Inflation Price Index Inflation Eases

1 year, 8 months ago

Europe’s inflation eases to 6.9% as energy falls but food up

Associated Press

LONDON — Inflation in the 20 countries that use the euro currency slowed to the lowest level in a year as energy prices dropped, but food costs were still on the rise, keeping pressure on the European Central Bank to hike interest rates further. “The potential for core inflation to remain stickier than hoped will be the main reason for …

Europe Russia Bank Prices Ecb Energy Prices Core Inflation

1 year, 9 months ago

U.S. inflation eases but stays high, putting Fed in tough spot

LA Times

U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system. Even though prices are rising much faster than the Fed wants, some economists expect the central bank to suspend its year-long streak of interest rate …

Bank Prices Fed Rate Powell Goldman Hatzius

1 year, 9 months ago

India's Retail Inflation Marginally Eases To 6.44% in February Vs 6.52% In January

News 18

Consumer prices in India has eased as the country’s CPI inflation in February 2023 slight slowed to 6.44 per cent. However, the retail inflation, based on the Consumer Price Index, remains beyond the RBI’s tolerance limit of 6 per cent for the second consecutive month. Inflation in the food basket, or the Consumer Food Price Index, was marginally up to …

Inflation Cent Rate 2023 Rbi 2022 6 Per Cent

2 years ago

Inflation in Europe eases but is still in painful double digits

LA Times

Inflation in Europe has eased for the first time in more than a year as energy prices drift down from painful highs, but the double-digit rate still hovers near a record and has robbed consumers of spending power and led economists to predict a recession. Roaring inflation is being fed by high energy prices, which have been caused by Russia …

Energy Inflation Bank Prices Interest Rate Energy Prices European Central

2 years, 1 month ago

LIVE Updates: CPI-based inflation eases to 6.77% in Oct vs 7.41% in Sept

Business Standard

After firing about 50 per cent of Twitter workforce, or about 3,800 employees, Elon Musk has reportedly laid off at least 4,400 contractual workers at the company. PM Modi to embark for Bali today for G20 summit slated for Nov 15,16 Prime Minister Narendra Modi is set to leave for Bali on Monday to attend the G20 Summit in Indonesia, …

India G20 Summit Bali Inflation Eases

2 years, 4 months ago

Whole sale price inflation eases to 13.93% in July

Hindustan Times

India's wholesale inflation rose 13.93% in July from a year earlier, helped by a lower increase in food prices, but it stayed in double digits for a 16th month, amid expectations that the central bank will again raise policy rates next month. In July, wholesale prices index-based inflation, which is akin to producer prices, rose lower than a forecast of …

India Prices Price Month Inflation Eases

3 years, 10 months ago

Retail Inflation for Farm and Rural Workers Eases in January