Inflation has jumped in October. According to government data, wholesale price inflation rose to 2.36 percent in October, the highest level in 4 months. Data released on Thursday showed that the prices of food items, especially vegetables and manufactured goods, have become expensive last month. According to PTI news, Wholesale …
Read More »Food items will become expensive! This is why FMCG companies will increase prices
Food items may become expensive. The prices of items used by FMCG companies such as palm oil, coffee, and cocoa have increased. FMCG companies will increase the price of their products to compensate for the increased cost and decreasing margin. This may increase your household budget. Hindustan Unilever (HUL), Godrej …
Read More »What was the impact of the increase in interest rates from May 2022 on inflation, RBI document told this
The cumulative interest rate hike of 2.5 percentage points by the Reserve Bank of India (RBI) since May 2022 has negatively impacted headline inflation by 1.60 percent. This has been stated in a paper written by senior RBI staff on Monday. According to PTI News, the paper, written by Deputy …
Read More »Common people will get relief from inflation, the price of vegetables will come down soon, know why
There is good news on the inflation front. The hope of common people getting relief from inflation has increased. This year (till 13 September) India has received 8 percent more rainfall than the long-term average. Due to this, the average retail prices of vegetables and milk may see a decline …
Read More »There is hope of relief in food inflation, there is a decline in the prices of grains, pulses and edible oil in August
Some relief is expected in food inflation. The Reserve Bank of India (RBI) bulletin released on Monday on the state of the economy said that the prices of grains, pulses, and edible oil have softened on a large scale in August. The gross (headline) inflation, measured based on annual change …
Read More »“The Impact of the Israel War on Gold Prices: Get Ready for Inflation
The Economic Ripple Effects of the Israel-Palestine Conflict In recent times, the world has witnessed a series of geopolitical conflicts that have had far-reaching economic consequences. First, the Russia-Ukraine war sent shockwaves through the global economy, and now, the Israel-Palestine conflict has erupted, further complicating the global economic landscape. Experts …
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