CPI inflation eases to 11-month low in November, India’s industrial production contracts in October December 13, 2022 CPI November India’s retail inflation moderated to an eleven-month low in November’22 and the year-on-year increase came in below expectations at 5.9% as against the reading of 6.8% in October’22. On a sequential basis, prices contracted 0.1%. It […]
RBI MPC MEET – Key Takeaways – December 2022 December 7, 2022 The Monetary Policy Committee (MPC) of the Reserve Bank of India increased the policy repo rate by 35 basis points (bps) to 6.25%. The MPC’s majority view was to withdraw accommodative stance, said RBI Governor Shaktikanta Das. Most market experts expected the MPC […]
India’s Credit Ecosystem 24th November, 2022 India is one of the fastest growing economies & one of the elements of this thriving economy is financial inclusion, which comprises giving all people & organizations access to financial services and products that are suited to their requirements and available at reasonable prices. India is working on this […]
Fed rate hike continues – another 75-basis point Market Reaction: Major US market indices rose FOMC Meeting November 3, 2022 In a statement, the Fed official said, “In determining the pace of future increases in the target range, the committee will take into account the cumulative tightening of monetary policy, the lags with which monetary […]
15th November, 2022 Retail & Wholesale Infaltion According to the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on 14th November, 2022, India’s Retail Inflation, which is measured by Consumer Price Index (CPI), eased to 6.77% in the month of October, down from 7.41% in the month of September. Despite falling to […]
India’s WPI Inflation eases to 10.70% in September 14th October, 2022 According to the government data released on 14th October 2022, India’s wholesale price-based inflation eased in Setember to 10.70% as against 12.41% in August 2022, while WPI for July month has been revised to 14.07% from 13.93%. Despite of the easing in WPI data, […]
CPI spikes 5 month high, IIP contracts 0.8% 13th October, 2022 Retail inflation Measured by Consumer Price Index, CPI Inflation rate spiked to 7.41% in September’22, highest levels in 5 months. This is the 9th consecutive time that CPI has come above the Reserve Bank of India’s (RBI) upper margin of 6%. On Subquential basis, retail prices […]
US Inflation – August September 14, 2022 US inflation has remained hot topic for several months now. The reason for the same is whether US inflation has hit its peak or not. It seems that US inflation has hit its peak from the way equity market is reacting. Exceeding the expectations of 8.1%, consumer price […]
RBI MPC Meet – Key Takeaways – September 2022 Summary: Beginning its 3 day meeting on September 28, Monetary Policy Committee (MPC) continued its recent trend of tightening rates by global central banks. This rate hike comes amid high levels of inflation and uncertainity associated with commodity prices (global & domestic). Given below is the […]
India’s WPI Inflation eases 12.41% in August 15th September, 2022 According to the data released by the Ministry of Commerce & Industry, Inflation based on wholesale price index (WPI) dropped to a 11 month low of 12.41% in August’22 as compared to 13.9% growth of July’22. Inflation during the month was largely driven by food […]
