Inflation at 4.8% is higher than our forecast of 4.5% and clearly the path ahead looks grim given the progress of monsoon and the spread across key areas in the Deccan Plateau region. The food basket is beginning to bite with inflation of 4.8% here 9 states had inflation above the average while 6 had
Inflation is slowly falling, but economic growth continues to be at historical lows. Apart from this, financial risks have increased. That being said, the global economy’s systematic recovery from both pandemic and Russia-Ukraine war remains on track. Much of this support comes from China as the country’s economy continues to rebound strongly. Supply chain disruptions
Francois Villeroy de Galhau, governor of the Bank of France, warned at the beginning of March that French inflation will persist in the country over the next two to three years. PARIS, April 14 (Xinhua) — The French National Institute of Statistics and Economic Studies (INSEE) revised upwards on Friday the country’s March consumer price
In a recent report on housing prices in the country’s top cities, real estate consultants PropTiger.com found that average residential real estate price tags rose by 7% in 2022. In Pune, prices rose by 8% when compared to 2021. The consultants correctly attribute the price rise to the increased construction cost and the continuing demand
Many stocks (Nifty 50) opened deep into the red on August 26 following US Fed chairman Jerome Powell’s hawkish stance in regards to inflation. Tech Mahindra was the top loser in the markets, followed by Infosys, HCL Tech and Wipro. TCS and Hindalco along with JSW Steel were also top losers in the markets. Of
Inflation is expected to start softening by July 2022 on the back of diminishing unfavourable base effect particularly in food articles and liquidity drain as RBI has increased the repo rate by a significant 40bps recently, said the industry body PHD Chamber of Commerce and Industry in a press statement issued here today. Monetary tightening
What comes to mind when we speak of inflation and its impact on real estate especially on housing demand? Real estate is not a commodity like rice or petrol, which immediately reacts to inflationary trends. Yet, it is an accepted fact that inflation negatively impacts property prices. Most people imagine inflation and its effect on
Increased demand for real estate tends to lead to home prices hike eventually. Even when demand was low for a long time but has begun to revive, developers avoid increasing home prices because they want to foster the new demand. There was a 3-year-long market slowdown before the Covid-19 pandemic, and the pandemic itself was
In March 2022, retail inflation soared to 6.95%. The Consumer Price Index is way above the RBI’s inflation target of 4% (+-2%). However, Mint analyses the inflation impact on the salaried class, economy, and investors. Inflation numbers in 2022 Compared to a 6.07% inflation in February 2022, it soared to 6.95% in March 2022. The
