According to the latest Quarterly Report on Household Debt and Credit released yesterday by the Federal Reserve Bank of New York, total US household debt increased by $184 billion or 1.1% quarter-over-quarter in Q1 2024 to reach $17.69 trillion. While mortgage balances also jumped by $190 billion to $12.44 trillion, credit card balances declined in … Read more
The food and beverages inflation is expected to remain above the 7 per cent mark in April 2024. CPI inflation in March 2024: Experts say stiffer cereals inflation, stubbornness in vegetable inflation and elevated pulses inflation remain a concern Even as the retail inflation or CPI inflation declined to a five-month low of 4.85 per … Read more
A similar easing was recorded in pulses, whose prices rose 17.7% in March, 2024, from 18.5% in February. | Photo Credit: Sushil Kumar Verma India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the … Read more
In January this year, for the first time in more than 14 years, China’s consumer prices fell at their steepest pace. According to official data published by the National Bureau of Statistics, the consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023. The steep drop in January … Read more
Published By: Mohammad Haris Last Updated: December 12, 2023, 18:02 IST Official inflation data for November 2023 has been released. Retail Inflation In November 2023, IIP in October 2023: Though the 5.55 per cent CPI inflation is far from the RBI’s medium-term target level of 4 per cent, it is within the tolerance limit of … Read more
