Inflation
RBI Proposes Cash Deposits Via UPI, Expands Digital Payments Scope For Retail
News

RBI lowers India’s Inflation Forecast For 2023-24 To 5.1%

The Reserve Bank of India (RBI) has lowered India’s inflation projection for 2023-24 to 5.1 per cent against its April estimate of 5.2 per cent. On a quarterly basis, retail inflation (or Consumer Price Index) in Q1 is seen at 4.6 per cent, Q2 at 5.2 per cent, Q3 at 5.4 per cent, and Q4 […]

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India's Retail Inflation Remains Under Control At 5.09% Despite Rising Food Prices
Food News

Food Inflation May Soften In Q1 FY2024; Upside Risks Seen: Report

Food inflation may soften in quarter one (Q1) of the financial year (FY) 2024 with upside risks seen, said the rating agency Icra in the monthly research compendium. It also said that second advance estimates (SAE) suggested a healthy year-on-year (YoY) rise in the output of rabi crops in FY2023 The SAE of crop production […]

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Skyrocketing Inflation Makes Basic Necessities Unaffordable For Pakistanis
Food/Entertainment Grocery International News Retail

Food Prices Drive UK Shop Inflation To 18-year High

Industry data revealed on Tuesday that soaring food prices have driven annual inflation in British shops to its highest level in at least 18 years.  The British Retail Consortium (BRC) reported that overall shop price inflation rose to 8.9 per cent in March, up from 8.4 per cent in February. This marks the biggest increase […]

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Rising Income Outpaces Essentials Inflation, Drives Lifestyle Spending In India
News

Interest Rates “Likely To Be Higher” Than Previously Anticipated: US Fed Chair

Despite inflation moderating in recent months, the process of getting it back down to two per cent is still a long way away and the path is likely to be bumpy, according to US Federal Reserve Chair Jerome Powell. “As I mentioned, the latest economic data have come in stronger than expected, which suggests that […]

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