inflation news

NEW DELHI: Wholesale prices contracted for the third consecutive month in June on the back of lower prices of manufactured items, reiterating the fact that falling commodity prices are contributing to a cost deflation in the Indian…

The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture, with “pockets of resilience” alongside signs of…

Image used for representational purpose only. | Photo Credit: Sushil Kumar Verma India’s wholesale price rise slowed to 1.34% in March, with manufactured products prices falling nearly 0.8% from a year ago, when overall wholesale inflation…

File Photo used for representational purpose only. Maruti Suzuki did not share the quantum of the price hike it intends to implement from next month. | Photo Credit: PTI Maruti Suzuki India on Thursday said it will increase prices of its…

The S&P 500 was 1% lower in late trading following a report that showed inflation at the wholesale level slowed by less last month than economists forecast. It echoed a report on prices at the consumer level from earlier…

Global central banks that raced to raise interest rates last year amid soaring inflation are now laying the groundwork in unison for a pause that, while not yet promised, is coming into view for later this year. The shift was couched…

The Bank of England raised interest rates by half a percentage point Thursday as it sought to tame double-digit inflation that is fueling a cost-of-living crisis, public-sector strikes and fears of recession. The bank’s monetary…

Image for representation purpose only. | Photo Credit: V. Raju A steep 15.1% fall in vegetable prices in December 2022 drove down India’s retail inflation to a 12-month low of 5.72% — keeping it below the central bank’s 6% tolerance…

Costco Wholesale Corp COST.O reported quarterly revenue on Thursday that missed analysts’ estimates, with consumers cutting back spending on discretionary items such as jewelry and electronics against the backdrop of decades-high…

India's wholesale price index (WPI) inflation eased to 8.39 per cent in October - helped by a fall in prices of fuel and manufactured goods - news agency PTI said Monday. This is the first time in 19 months WPI inflation has been recorded…