India's Oct wholesale inflation accelerates to 4-month high

Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the annual rate of 2.4% recorded during the previous month.
India's Oct wholesale inflation accelerates to four-month high
India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated food prices, government data released on Thursday showed. Inflation for October was higher than the 2.
Inflation rises 2.6% in October, in line with expectations
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.
Inflation rose to 2.6% in October in first increase in six months
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise in annual inflation in six months.
Inflation hit a bump in October after slowing for six straight months
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories like car insurance are trouble spots.
Inflation expected to have increased in October
The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more than a week after the issue appeared to help former President Donald Trump win re-election.
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Spokesman-Review12d
Inflation is basically back to normal. Why do voters still feel blah?
“The path of mortgage rates will depend on economic growth and inflation, but the new normal over the next couple years will be mortgage rates in the fives and sixes.” Neither interest rates ...
CNN7d
The Fed just cut rates again — and the timing is undeniably awkward
And while that global inflation shock has certainly waned, and the rate of price hikes is close to normal, it hasn’t felt great to Americans, because those price levels aren’t going back down ...
Inflation Ticks Up Slightly
The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...
The Financial Times9d
Economists warn Trump’s policies will trigger inflation
“We’re getting much closer to normal inflation conditions [and] nothing ... trade war between the US and China by lowering interest rates by 0.75 percentage points, in what it likened to ...
Why have interest rates been cut, and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Barron's8d
Bank Of England Cuts Interest Rate As Inflation Slows
In August, the BoE reduced it key rate for the first time since early 2020, from a 16-year high of 5.25 percent as UK inflation returned to normal levels. But it decided against a second ...
U.S. Consumer Price Inflation Data Matches Economist Estimates In October
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist ...