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India’s retail inflation likely edged higher in December 2025 to 1.66 per cent from 0.71 per cent in November, driven by a strengthening in food prices across most segments, according to projections by Union Bank of India.The official Consumer Price Index (CPI) data for December is scheduled to be released on January 12, 2026, or…
India has been the world’s fastest growing major economy for several years now. (AI image) In a major feat, India has moved past Japan to become the world’s fourth-largest economy in nominal GDP terms, according to the government’s year-end economic review. The economy is set to overtake Germany to become the third largest after the…
India is on track to conclude 2025 as one of its most significant years of economic performance, with key macroeconomic indicators reflecting strong growth, low inflation, expanded exports and improved labour market conditions, the government said in its year-end economic review. According to a press note released by the Press Information Bureau, India’s real Gross…
US President Donald Trump on Tuesday seized on stronger-than-expected third-quarter growth to claim an “economic golden age,” arguing that tariffs and his tax policies were driving a sharp acceleration in activity even as official data pointed to lingering inflation pressures and a softening labour market.In a post on Truth Social, Trump said the US economy’s…
US consumer confidence weakened in December, sliding to its lowest level since President Donald Trump rolled out sweeping tariffs earlier this year, as households grew more anxious about high prices, trade levies and job prospects, according to a survey by the Conference Board.The Conference Board said its consumer confidence index fell 3.8 points to 89.1…
The US economy grew at a faster-than-expected annual rate of 4.3% in the July–September quarter, driven by stronger consumer spending, exports and government outlays, even as inflation remained above the Federal Reserve’s comfort level, according to official data released on Tuesday, AP reported.Gross domestic product (GDP), which measures the total value of goods and services…
MUMBAI: High-frequency indicators in Nov show activity is holding up and demand is robust, even though headline CPI inflation edged up, but stayed below the lower tolerance level.RBI’s state of the economy report, published on Monday, said “benign inflation during the month kept input cost pressures low for firms”, hence “limiting hikes to selling prices…
India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…
A senior US Federal Reserve official has said there is no immediate need to cut interest rates further, cautioning that recent inflation data may have been distorted due to disruptions in data collection during the federal government shutdown, AFP reported.Speaking to CNBC on Friday, New York Federal Reserve President John Williams said inflation readings for…
Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
