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 […]
September 22,2022 Summary The Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023 to […]
RBI MPC MEET – Key Takeaways – August 2022 Summary Even as inflation is expected to have peaked, the RBI has proceeded with yet another sizeable rate increase, the third in a row at its just concluded monetary policy meet. With the latest hike of 50 bps (higher than our expectation of 25 to 35 […]
India’s CPI rises to 7% in August India’s inflation measured via the consumer price index (CPI) rose to 7% in August compared to 6.71% seen in July. The uptick was mainly led by a seasonal rise in food inflation, which accounts for nearly half of the CPI basket. Food inflation, have soared as prices of […]
India’s IIP grew by 2.4% in July The index of Industrial Production (IIP) is an indicator that measures short term changes in the volume of production of industrial products during the given period. Measured by the index Industrial Production (IIP), industrial output in July’22 grew by 2.4% as against 12.3% in June’22. IIP growth has […]
June 2022 CPI Review CPI inflation increased to 7.01% in June’22 from 5.58% in June’21 owing to global inflation headwinds & weakness in rupee. Overall price levels in June’22 however inched up 0.52% from the previous month, highlighting the underlying persistent price pressures. This is the sixth consecutive month that the CPI data has breached […]
Expansion in Industrial Output: May’22 Industrial output as measured by the index of industrial production in May’22 grew by a strong 19.6% from a year earlier, the fastest rate of growth in 11 months. This high growth rate is mainly due to statistical factors i.e., the low index value in June’21 which was a period […]
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 […]
