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Indias retail inflation based on the Consumer Price Index (CPI) eased to 6.71% in July 2022 compared with 7.01% in preceding month. Inflation eased mainly due to easing prices in the food & beverages section. The Consumer Food Price Index (CFPI), or the inflation in the food basket, showed a month-on-month fall during July to 6.75%, from 7.75% in June, the data revealed. The CPI […]

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The US stocks climbed up on Friday, 12 August 2022, with the Dow, the NASDAQ and the S&P500 indexes closing at new three-month highs, on the back of bargain buying across the sectors, after tamer than expected readings on consumer and producer prices indexes for July helped ease concerns about inflation in the worlds largest economy. Adding to the positive sentiment about inflation, the Labor […]

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