India’s wholesale prices dropped to 2.04% in July. | Photo Credit: SUSHIL KUMAR VERMA Inflation in India’s wholesale prices dropped from a 16-month high of 3.4% in June, to 2.04% in July, with the rise in food prices cooling to 3.55% from 8.7% a month earlier. However, month-on-month gains in food prices accelerated to 2.7% … Read more
India’s wholesale prices rose 3.36% in June from a year earlier, government data showed on July 15, 2024. File | Photo Credit: ANI Inflation in India’s wholesale prices accelerated to 3.4% in June, the highest in 16 months, from 2.6% in May, led by a spike in food inflation to 8.7% and a near-doubling in … Read more
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
