Inflation

India's wholesale inflation rises to 9.87% in June as food prices drive fresh surge

India's wholesale inflation rose to 9.87% in June, the highest in recent months, as a sharp increase in food prices outweighed easing fuel inflation. The reading topped economists' expectations, while manufacturing price pressures remained elevated, signalling persistent cost pressures across the economy

India's retail inflation rises to 4.38% in June, crosses RBI's 4% target after 16 months

Higher food and fuel prices, driven by delayed monsoon and West Asia-led crude oil volatility, push retail inflation above the Reserve Bank of India's target, strengthening expectations of interest rate hikes.

Japan's wholesale inflation jumps to 3-year high as Iran war fuels price pressures

Japan's wholesale inflation surged 7.1 per cent in June, the fastest pace in more than three years, driven by higher fuel and metal prices amid the West Asia conflict. The data has strengthened expectations that the Bank of Japan could raise interest rates again later this year

Fed minutes signal growing inflation worries as some officials back rate hikes under Warsh's leadership

Minutes from the US Federal Reserve's June policy meeting show several officials believed a case existed for raising interest rates as inflation concerns intensified under new Chair Kevin Warsh, even though the central bank ultimately kept rates unchanged

Walmart slashes prices on beef, groceries and household staples as Trump hails affordability push

Walmart is cutting prices on thousands of products, including ground beef, groceries, beverages and household essentials, to help consumers cope with inflation. President Donald Trump welcomed the move, calling on other retailers to follow suit as the administration intensifies efforts to bring down food prices

Food inflation may average 6% in FY27 as weak monsoon threatens crop output: CareEdge Ratings

CareEdge projects CPI inflation at 5%, rupee at 92-93 per US dollar and 10-year G-sec yields at 6.8-6.9% amid rainfall deficit and global uncertainties

UK grocery inflation cools to 3 per cent as Iran war price shock fears ease

Worldpanel data shows UK grocery price pressures easing in June; Lidl and Ocado lead sales growth while Tesco slows and Asda loses market share

RBI sees inflation under control despite global turmoil, cites India’s strong fundamentals

The RBI says India remains well-positioned to weather global uncertainty, citing anchored inflation, strong economic growth, fiscal discipline and robust external-sector buffers despite recent energy-market volatility

Kia India to hike vehicle prices by up to 2% from July 1 amid rising input costs

The automaker says the price revision across its model range comes as higher raw material costs and operational expenses continue to put pressure on the automobile industry.

Record rice stocks, five-year-high wheat reserves strengthen India's food security

India's rice stocks hit a record 68.43 million tonnes in June, while wheat reserves reached a five-year high, strengthening food security and giving the government more flexibility to manage exports and inflation