Knoema.com - CPI http://jp.knoema.com 2024-01-24T14:03:30Z /favicon.png Knoemaは、あなたのパーソナルナレッジハイウェイです Inflation in Kuwait //jp.knoema.com/smirwxg/inflation-in-kuwait 2024-01-24T14:03:30Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Inflation in Kuwait

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US Consumer Price Inflation — February 2022 //jp.knoema.com/iwfujng/us-consumer-price-inflation-february-2022 2023-07-23T09:56:51Z Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
US Consumer Price Inflation — February 2022

(13 March 2022) The latest data from the U.S. Bureau of Labor Statistics (BLS) reveals that U.S. consumer inflation remains high. In February, the consumer price index (CPI) increased 0.8% month-over-month, and the annual CPI inflation rate accelerated to 7.9%. Supply chain disruptions caused by the Ukraine crisis may push the annual CPI inflation rate into double digits by the end of 2022. Here are key insights from the latest BLS report.Motor fuel,  shelter and food were the main contributors to month-over-month CPI growth in February. Together these categories contributed 0.56 percentage points to the month-over-month CPI growth in February—70% of the total growth.While the greatest increases were in these three areas, price growth remains widespread among many consumer expenditure categories. Knoema's U.S. CPI inflation Heat Map shows that the median inflation rate for the 95-category sample stood at 0.8% month-over-month in February, meaning that half the expenditure categories saw inflation increases at or above this rate. Sixty-eight expenditure categories saw annualized price growth over 4%, compared to 47 in December and 46 in 2021 on average. Consumer prices for motor fuel accelerated the most — by 6.7% month-over-month. The latest data on retail gasoline prices and gasoline futures indicates that gasoline prices will continue to drive inflation in March. Alternative data sources and other indirect inflation indicators in datasets available through Knoema provide additional context and insight into what we may see in the months to come:Airline fares increased 5.4% month-over-month. Such near-real-time indicators as Apple's driving mobility index and the number of travelers screened at TSA checkpoints point to an increase in mobility through the first half of March 2022, which may accelerate transportation price increases even further.Some indirect indicators also point to growing inflation pressure. According to the National Federation of Independent Business's small business actual price change indicator, which, when viewed with a six-month time lag, can serve as a leading indicator predicting the CPI trend, the number of small businesses revising selling prices upwards has been growing since February 2021.The January Survey of Consumer Expectations shows a decrease in inflation expectations at the year-ahead and three-year-ahead horizons, to 5.8 percent and 3.5 percent, respectively. However, the latest available survey data doesn't reflect more recent price movements. The March data on the U.S. breakeven inflation rates shows that investors are revising their inflation forecasts upwards. The analysis of price movements across separate value chains indicates that the potential for cost-push inflation remains high, with price growth for energy, food, metals and other commodities at global markets accelerating in March.   Discover the power of data: Find out how Knoema's Insights Engine can help companies stay ahead of inflation and pricing trends in a fast-changing business environment

Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
The US Consumer Price Inflation In February 2023 //jp.knoema.com/fvvbhec/the-us-consumer-price-inflation-in-february-2023 2023-04-17T20:12:19Z Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
The US Consumer Price Inflation In February 2023

(15 Mar. 2023) According to the latest data from the U.S. Bureau of Labor Statistics (BLS), U.S. consumer prices annual growth eased to 6.0% in February, which is 0.4 percentage points lower compared to previous month. Compared to January 2023 monthly consumer price index went up 0.4% and core CPI growth accelerated to 0.5%. Here are key insights from the latest BLS report.February deceleration in annual CPI growth happened mainly due to high base of comparison. Because of this statistical efect year-over-year CPI growth will contimue to decelerate further through the first half of 2023.Month-over-month CPI growth in February was four times above 2010-2020 average.. Shelter, food and recreation services contributed the most to the of monthly CPI growth in February. Increase in prices for these consumer expenditure items added 0.26, 0.05 and 0.04 percentage points to month-over-month CPI growth, respectively. Food inflation is easing in recent month because of growing global food supply and retreating agricultural input costs (fuels, electricity, chemicals and fertilisers). Categories of utility gas services, used cars and trucks and medical care services were the key contributor to inflation deceleration. In February price decrease for these expenditure categories lowered monthly CPI growth by 0.07, 0.07 and 0.05 percentage points, respectively. The most worrying signal is the widespread price growth among many expenditure categories. Detailed data shows that the median inflation rate for the 90-category sample stood at 0.47% month-over-month in February meaning that half the expenditure categories saw inflation increases at or above this rate. In 2021 and 2022 median inflation stood at 0.30% and 0.46% moth-over-month on average.The latest data on retail gasoline prices, gasoline and natural gas futures indicates that energy prices will likely contribute to inflation acceleration in March. Rebuilding of SPR oil reserves can also accelerate inflation later in 2023. Alternative data sources and other indirect inflation indicators in datasets available through Knoema provide additional context and insight into what we may see in the months to come:Some indirect indicators point to stabilisation and lowering in inflation pressure. According to the National Federation of Independent Business's small business actual price change indicator, which, when viewed with a six-month time lag, can serve as a leading indicator predicting the CPI trend, the number of small businesses revising selling prices upwards has been declining, which may translate into further inflation deceleration through 2023.Median one-year-ahead inflation expectations declined by 0.8 percentage point to 4.2 percent, according to the February Survey of Consumer Expectations. Three-year-ahead expectations remained at 2.7 percent. In March 2023 the U.S. breakeven inflation rates continued to move in its long-term average range.Recent data on the national home rent indices from the Apartment List and Zillow indicate that the growth in shelter component of CPI index will likely decelerate in the near-term future. The analysis of price movements across separate value chains indicates the essential decrease in potential for the cost-push inflation.   Discover the power of data: Find out how Knoema's Insights Engine can help companies stay ahead of inflation and pricing trends in a fast-changing business environment

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Euro Area: The Lost of Confidence Amid Record Inflation //jp.knoema.com/lijarh/euro-area-the-lost-of-confidence-amid-record-inflation 2022-06-01T11:22:56Z Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
Euro Area: The Lost of Confidence Amid Record Inflation

(01 June 2022) European consumers are beginning to feel the impact of global energy and food crisis. Latest data from Eurostat, shows that consumer price inflation in Euro area in May 2022 accelerated to record high of 8.1% year-over-year.High prices for energy commodities and food push up general CPI index. In May 2022, consumer prices for energy and food increased 39.2% and 7.5% year-over-year, respectively.Amid rising consumer prices, consumers in Euro area are losing confidence. According to Eurostat, consumer confidence in Euro area in March-May 2022 dropped to -21.2%, which is comparable to the periods of The Great Recession and coronacrisis.According to the latest available data from Eurostat,  manufacturing producers in Euro area increased output prices by 17.8% in March 2022, which points to high potential for cost-push inflation.

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The US Inflation Landscape //jp.knoema.com/kgeqryb/the-us-inflation-landscape 2022-01-28T18:52:47Z Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
The US Inflation Landscape

(January 26, 2022) According to the U.S. Bureau of Labor Statistics (BLS), in December 2021 consumer price inflation in the U.S. accelerated to 7.0% year-over-year — the fastest pace of growth since 1982. And this is not just because of high prices on gasoline and and passenger cars. BLS data shows that prices increased across a wide range of consumer goods and services. To estimate the "spread" of inflation across the U.S. consumer market, we employed the BLS CPI inflation data for 80 representative expenditure categories — from motor fuels, tires, apparel, and bakery products to newspapers and magazines and veterinary services for pets — and compared the first and the last months of 2021.The comparison shows that the number of expenditure categories where price growth is below 2.0% year-over-year decreased from 40 (50% of the categories analyzed) in Jan. 2021 to 18 (22.5%) in Dec. 2021.In December, there were 11 expenditure categories where price growth exceeded 10% year-over-year, including fuel and cars but also meat, furniture and home equipment, and lodging away from home. For 45 categories, the price growth exceeded 4%. In the previous January, on the other hand, there were only 16 categories where prices grew more than 4% year-over-year, and no categories that recorded price growth above 10%. The median inflation rate (which splits the number of expenditure categories equally) for the 80-category sample increased from 2.0% to 4.4% between January and December last year, underlining that inflation has not only increased as a whole, but spread to more consumer goods and services. The spread of inflation across more and more expenditure categories may indicate unfolding cost-push inflation — when an increase in prices for raw materials and intermediates as well as demand for high wages translates into higher consumer prices.

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Canada: Consumer Inflation Rate Reaches 30-Year High //jp.knoema.com/mbwowfe/canada-consumer-inflation-rate-reaches-30-year-high 2022-01-26T09:02:37Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Canada: Consumer Inflation Rate Reaches 30-Year High

(20 January 2022) Canada’s year-over-year inflation rate rose to a three-decade high in December, increasing chances of a hawkish turn from the Bank of Canada. Inflation has been above 3%, the upper limit of the Bank of Canada’s 1%−3% target range, since April.Consumer price inflation rose 4.8% in December, the largest year-over-year increase since September 1991, when it was 5.5%. The December price gain was mainly driven by the rising cost of food and housing.Food prices rose 5.2% in December — the fastest pace of growth since 2011 and a huge jump from the 1.1% YoY growth in same period in 2020. Higher transportation costs and continued high energy prices are putting upward pressure on food prices.Housing costs rose 5.4% in December, up from 1.6% last December, fuelled by rising prices for natural gas and fuel oil used for heating homes.Gas prices at the pump cooled down in December, with inflation dropping to 33.3% year-over-year, down from 43.6% in November.

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U.K. Inflation Rose to a Ten-Year High in October 2021 //jp.knoema.com/awdinse/u-k-inflation-rose-to-a-ten-year-high-in-october-2021 2022-01-19T13:25:08Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
U.K. Inflation Rose to a Ten-Year High in October 2021

(19 November 2021) Consumer price inflation, a gauge of the cost of living, accelerated in the United Kingdom in October, largely driven by higher energy prices and mounting supply-chain disruptions, reaching the highest level since December 2011. The U.K. consumer price index rose 4.2% YoY in October following a 3.1% increase in September. The October rise was more than double the target of 2% set by Bank of England. Household energy costs were one of the biggest contributors to inflation; Ofgem, the British energy regulator, raised the price cap on domestic gas and electricity on October 1, 2021. Petrol prices also rose in October amid a surge in global energy prices. The Bank of England's Monetary Policy Committee expects inflation to rise further, to around 5% in the spring of 2022, before falling back towards the target rate as the impact of higher oil and gas prices fades and demand for goods moderates.

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US Inflation Hits 6.8%, a Four-Decade High //jp.knoema.com/hyabkoc/us-inflation-hits-6-8-a-four-decade-high 2022-01-18T18:01:30Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
US Inflation Hits 6.8%, a Four-Decade High

(12 December 2021) In November, U.S. consumer price inflation, a measure of the cost of a wide-ranging basket of consumer goods and services, hit its highest year-over-year growth in four decades. Inflation continues to put pressure on households and businesses. The consumer price index was up 6.8% year-over-year in November, largely driven by food, energy and housing prices. Core inflation, which excludes volatile categories such as food and energy, climbed 4.9%, the highest jump since 1991.Food prices were up 6.1% in November, while housing rose 4.8% as disruption in the supply of raw materials limited construction activities.Energy price were up 33.3% in November following a 30% increase in October. Gasoline prices were up a staggering 58.1% year-over-year in November. In recent months, high inflation resulting from the pandemic has been spurred by disruption in global supply chains as well as by strong demand resulting from stimulus packages. The persistently elevated inflation has raised concern among Federal Reserve policy makers. The uptick has lasted longer than expected, and it is showing no sign of cooling down as demand for products remains strong and fear of the new Omicron variant continues to disrupt manufacturing and transportation. If the Fed regards inflation as permanent rather than transitory, it is likely to cut back support for the economy by slowing down monthly bond purchases, and eventually by raising interest rates — likely sooner than they had previously expected.

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India: WPI Inflation Eases to 12.07% in June, 2021 //jp.knoema.com/xehvpvc/india-wpi-inflation-eases-to-12-07-in-june-2021 2021-07-20T15:07:25Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India: WPI Inflation Eases to 12.07% in June, 2021

(20th July 2021) India's wholesale inflation (WPI) eased marginally to 12.07% YoY in June from a record high of 12.9% in previous month as fuel and food witnessed slight softening in prices. Food inflation grew 3.1% YoY in June as compared to 4.3% in the previous month, while fuel and power inflation eased to 32.8% from 37.6% despite recent increase in petrol, diesel and cooking gas prices.Manufactured products inflation ticked up 10.9% from 10.8% in May led by textiles, apparel, leather. However, WPI inflation remained in double digit for third consecutive month in June and would have spillover impact on retail inflation in coming months.   Consumer price index (CPI) , also known as retail inflation, marginally reduced to 6.26% YoY in June from 6.3% in previous month as food prices hardened coupled with fuel prices.Food inflation inched to 5.2% from 5% in May.Inflation in oil and fats grew 34.8% in June from 30.8% in previous month. Fuel and light inflation stood at 12.7% compared to 11.9% last month. However, the inflation remained above RBI's monetary policy committee (MPC) targeting range of 4% (+/-2). Given the devastating impact of COVID-19 pandemic on the economy, the MPC is expected to maintain policy rate unchanged.   

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United States: A Price Storm in Used Car and Car Rental Markets //jp.knoema.com/poxiyxc/united-states-a-price-storm-in-used-car-and-car-rental-markets 2021-07-02T13:48:55Z Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
United States: A Price Storm in Used Car and Car Rental Markets

(17 June 2021) With the US vaccination progress continuing and many anti-COVID restrictions easing, American's driving activity is recovering, and the increased mobility combined with stimulus checks, pent-up demand, and high credit availability have quickly translated into an increase in car sales. Many Americans wanting to buy a car are stumbled on car shortages at auto dealerships, though. This growing demand and lack of supply have already translated into sharp price growth in the used car and car rental markets. According to the US Bureau of Labor Statistics' Consumer Price Index (CPI) report, the price growth for used cars accounted for about one-third of the overall increase in CPI in May. In March 2021, new light vehicle sales in the US increased to 18 million units (SAAR) — the highest monthly sales level since June 2005.US car manufacturers not only failed to increase production, but in many cases had to pause assembly lines due to the semiconductor shortage. Car imports from Canada and Mexico — two largest sources of US car imports — also declined.The mismatch between demand and supply brought domestic car inventories and inventory-to-sales ratio to a record low in April 2021.The shift of consumer demand to used cars and rental cars led to price hikes. The Manheim Used Vehicle Value Index, which measures wholesale pricing and typically runs several months ahead of the behavior of the consumer price index for used cars, suggests that the price of used cars will likely grow further in the coming months.

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US: Fed Cuts Interest Rates and CPI Ticked down marginally in August //jp.knoema.com/jindggd/us-fed-cuts-interest-rates-and-cpi-ticked-down-marginally-in-august 2020-10-01T15:06:46Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
US: Fed Cuts Interest Rates and CPI Ticked down marginally in August

US consumer price inflation rose 0.1 percent M-o-M in August in line with market expectations, however, lower than 0.3 percent M-o-M increase in July 2019. With falling energy costs, particularly gasoline for third month out of the past four months, overall inflation softened to 1.7 percent Y-o-Y in August from 1.8 percent Y-o-Y in July 2019.Core inflation that excludes volatile items such as food and energy grew 0.3 percent M-o-M and 2.4 percent Y-o-Y in August compared to 2.2 percent in July. The core inflation ticked up due to a sharp price jump in medical care services.Food inflation rose 1.7 percent Y-o-Y in August as compared to 1.8 percent in July 2019, whereas energy prices declined 4.4 percent Y-o-Y in August compared to a contraction of 2 percent in July 2019.The import tariff on China’s exports to the US is likely to push the inflation up in the coming months. Fed makes second rate cut in a row: Despite the favorable U.S. economic outlook with strong labour market-low unemployment and wage growth, FOMC cut the rate by 25bps due to concerns over weak global growth and unresolved trade tensions. The benchmark Fed Funds Target Rate stands in the range of 1.75 to 2 percent. The FOMC also cut its interest rate paid on overnight excess reserves by 30 bps to 1.80 percent to foster trading in the federal funds market.

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Movement of Gold Prices and Inflation in India //jp.knoema.com/xtanql/movement-of-gold-prices-and-inflation-in-india 2020-03-25T02:40:03Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Movement of Gold Prices and Inflation in India

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India’s CPI Inflation Spiked to 7.4% in December 2019 //jp.knoema.com/evcpnfd/india-s-cpi-inflation-spiked-to-7-4-in-december-2019 2020-01-15T16:22:42Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India’s CPI Inflation Spiked to 7.4% in December 2019

India's retail inflation accelerated to 7.4 percent YoY in December as compared to 5.5 percent in November 2019, owing to volatile vegetable and onion prices. The inflation was previously slumbering along at 2 percent from November 2018 to April 2019 and around 3 percent from May 2019 to August 2019. Since October 2019, it has started breaching the Reserve Bank of India's (RBI) medium-term target of 4 percent.   The food items that constitute around half of the inflation basket (48.2%) grew 14 percent in December compared to 10 percent in November. Within the food and beverages category, vegetable prices rose 60 percent in December compared to 36 percent in November 2019.   Core inflation - excluding volatile prices of items such as food and energy - grew modestly at 3.7 percent in December, led by increases in freight and telecom rates. The stagnant core inflation that has more weightage (around 52 percent) as compared to food and beverages weightage (around 48 percent) reflects subdued demand in the economy.    December inflation represents a breach of the RBI’s upper bound on inflation (2-6% target) for the first time since July 2016. Citing inflation concerns, the RBI kept interest rates unchanged in its December 2019 meeting. The central bank is likely to face a policy dilemma in the next monetary policy committee meeting in February as the Indian economy is facing stagflation and high inflation coupled with low GDP growth. 

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India’s CPI Inflation Jumped to 5.54 Percent in November 2019 //jp.knoema.com/ayxxemc/india-s-cpi-inflation-jumped-to-5-54-percent-in-november-2019 2019-12-13T11:36:16Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India’s CPI Inflation Jumped to 5.54 Percent in November 2019

India's retail inflation grew 5.54 percent YoY in November compared to 4.62 percent in October 2019, led by vegetables and onions price. The food price inflation that constitutes around half of the inflation basket, grew 10 percent in November compared to 7.89 percent in previous month. Within food and beverages category, vegetable prices rose 36 percent in November compared to 26.1 percent and pulses rose to 13.94 percent in November compared to 11.72 percent in October. Seasonal food supply constraint is likely to put upward pressure on inflation in coming months.   Core Inflation that excludes volatile prices of items such as food and energy remained modest at around 3.5 percent in November 2019. The stagnant core inflation reflects the subdued demand in the economy. However, increase in telecom tariffs could push core inflation in coming months.   November inflation print, breaches RBI’s medium-term target of 4 percent for the second consecutive month. The surging inflation coupled with low GDP growth and declining industrial production possess policy challenge to RBI. However, MPC has given weightage to inflationary concerns over economic growth in its last meeting.

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South Africa’s Retail Inflation Declines to Lowest in October since 2011 //jp.knoema.com/dugudnb/south-africa-s-retail-inflation-declines-to-lowest-in-october-since-2011 2019-11-28T06:58:46Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
South Africa’s Retail Inflation Declines to Lowest in October since 2011

South Africa's headline inflation recorded 3.76 percent YoY in October as compared to 4.1 percent growth in September 2019, largely dragged down by petrol prices. While, on monthly basis it remained flat. This was the lowest print since February 2011. The current decline has pushed the inflation towards lower band of South African Reserve Bank’s (SARB) target band of 3–6 percent. Despite the lower inflation, reasonably stable currency and subdued consumer confidence and demand. The Monetary policy committee (MPC) of SARB kept the policy rate unchanged at 6.5 percent in November 2019. As per MPC observation, the retail inflation is expected to peak at 5.3 percent in the Q1 2020 and settle at 4.5 percent in Q4 2021.

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India’s CPI inflation Spiked to 4.62 percent in October 2019 //jp.knoema.com/xdzyymd/india-s-cpi-inflation-spiked-to-4-62-percent-in-october-2019 2019-11-13T21:41:44Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India’s CPI inflation Spiked to 4.62 percent in October 2019

India’s retail inflation spiked to 4.62 percent YoY in October compared to 3.99 percent in August 2019, driven by food prices as unpredictable rains disrupted supply of vegetables. The retail inflation surpassed the RBI’s medium-term target of 4 percent for the first time since July 2018.   Food price inflation, which amounts around half of the inflation basket, grew 7.89 percent in October compared to 5.11 percent in September. Within food and beverages category, vegetable prices rose highest 26.1 percent in October compared to 15.47 percent in September and pulses rose to 11.72 percent in October as compared 8.4 percent in September 2019.   Core Inflation, which excludes volatile items price such as food and energy, contracted to 3.44 percent in October compared to 4.02 percent in September 2019. The decline in the core inflation reflects the subdued demand in the economy.   Inflation by Area: Rural and Urban.Urban inflation ticked up 5.11 percent in October compared to 4.78 percent in September 2019, while food inflation jumped to 10.47 percent in October compared to 8.76 percent in September.Rural inflation rose to 4.29 percent in October compared to 3.24 percent in September 2019, driven by food inflation that grew to 6.42 percent in October compared to 3.22 percent in September 2019. Despite ticked up in retail inflation, the Reserve Bank of India is likely to maintain accommodative stance on more concerned factors such as subdued core inflation, worst performance of industrial growth, weakness in consumer demand and slowing economic growth, at MPC meeting in December 2019.

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India’s CPI inflation Spiked to 3.9 percent in September 2019 //jp.knoema.com/utzllqc/india-s-cpi-inflation-spiked-to-3-9-percent-in-september-2019 2019-10-14T18:27:21Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India’s CPI inflation Spiked to 3.9 percent in September 2019

India’s retail inflation ticked up to 3.99 percent in September compared to 3.28 percent in August 2019, highest since July 2018. The retail inflation was higher than market expectation.   The acceleration in the inflation was largely driven by food and beverages category that ticked up to 4.7 percent in September compared to 2.96 percent in August. Within food and beverages category, vegetable prices rose highest 15.4 percent in September compared to 6.9 percent in August and meat & fish prices rose 10.29 percent in September as compared to 8.51 percent in August. The food price inflation rose to 5.11 in September compared to 2.99 in August 2019, highest since December 2017 as India experienced skewed rainfall across the country.    Rural and Urban:Rural inflation moved up to 3.24 percent in September from 2.25 percent in the previous month.Urban inflation remained flat at 4.78 percent in September as compared to 4.49 percent in the previous month.The gap between rural and urban inflation reduced in September compared to previous month as food inflation helped to push  rural inflation upward. Despite tick up in retail prices more than market expectations, it stayed within the range of RBI’s medium-term target of 4 percent. Given subdued core inflation, weak industrial production (IIP), weakness in consumer demand, RBI is likely to maintain accommodative stance in coming MPC meeting. Moreover, global factors such as volatility in crude oil prices in the near term, weakness in global demand, persisting geopolitical uncertainties would also help to maintain rate cut cycle in coming MPC meeting in December 2019.

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Indonesia’s CPI inflation remains stable in August 2019 //jp.knoema.com/sfaygnb/indonesia-s-cpi-inflation-remains-stable-in-august-2019 2019-09-16T13:36:14Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Indonesia’s CPI inflation remains stable in August 2019

Indonesia’s inflation ticked up marginally to 3.49 percent in August 2019 compared to 3.32 percent in July, reached the midpoint of central bank of Indonesia’s target range of 3.5 percent plus or minus 1 percent. The acceleration in the inflation was largely due to rise in clothing, education and recreation and sports, but dampened somewhat by lower food and transport prices.   Core inflation, which excludes volatile items price such as food and energy, marginally moved up 3.3 percent in August from 3.2 percent from previous month. The acceleration in the inflation was driven by increase in gold prices.   Given the subdued inflationary pressure and slowing economic growth, central bank of Indonesia could take accommodative stance and allow for further rate cuts going forward.

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India’s CPI inflation Inches up to 3.21 percent in August 2019 //jp.knoema.com/fxexqzd/india-s-cpi-inflation-inches-up-to-3-21-percent-in-august-2019 2019-09-13T09:39:27Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India’s CPI inflation Inches up to 3.21 percent in August 2019

India’s retail inflation ticked up to 3.21 percent in August compared to 3.15 percent in July, highest in last ten months. The acceleration in the inflation was largely due to rise in food items like meat and fish, vegetables and pulses.   Core inflation, which excludes volatile items price such as food and energy, contracted marginally to 4.20 percent in August from 4.25 percent in July. The contraction in the core inflation has been indicating weak demand in the economy.   Despite a small tick up in headline inflation, it stayed below RBI’s medium-term target of 4 percent. Given the subdued inflationary pressure, falling manufacturing PMI , industrial production index  and slowing economic growth, RBI has lowered its repo rate by 110bps over last four MPC meetings.  Given the subdued inflationary pressure and slowing economy, RBI could cut rates further in the next MPC meets on 4th Oct 2019.

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Indonesia’s Economy Grows by 5.07% in Q1 2019 //jp.knoema.com/gimgdxb/indonesia-s-economy-grows-by-5-07-in-q1-2019 2019-08-07T07:09:55Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Indonesia’s Economy Grows by 5.07% in Q1 2019

Indonesia’s economy, the largest economy in Southeast Asia, grew 5.1 percent in Q1 2019, slightly lower than market expectations, and some experts expect even strongly growth in the years ahead. The economy has grown consistently at around 5 percent for the last 14 quarters, despite capital outflows from emerging markets during 2018.Reforms that have improved the business climate and fiscal incentives to develop manufacturing units have helped support the economy's robust growth.Growth in private and government investment spending has also helped to moderate Indonesia's current account deficit, which had grown during 2018 due to imports used in infrastructure and private investments.The World Bank expects Indonesia’s economy will grow by 5.2 percent in 2019 and 5.3 percent in 2020, supported by private spending, which is backed by stable inflation and a strong labour market outlook as well continued government financial assistance to households.

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Inflation Rate of United Kingdom //jp.knoema.com/mvarbe/inflation-rate-of-united-kingdom 2019-07-11T14:12:02Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Inflation Rate of United Kingdom

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India's CPI Inflation Rises Marginally to 2.92% in April 2019 //jp.knoema.com/bsgzeh/india-s-cpi-inflation-rises-marginally-to-2-92-in-april-2019 2019-05-31T11:14:45Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
India's CPI Inflation Rises Marginally to 2.92% in April 2019

India’s consumer price inflation rose marginally to 2.92% on YoY in April 2019, stays below RBI’s benchmark at 4%. Inflation has increased by 1.87% and 4.1% in rural and urban areas respectively. Among the CPI components, food and beverages inflation increased to 1.38% in April from 0.66% in March 2019. Within food items, the inflation for meat and fish has increased to 7.55% and vegetables 2.87%, whereas inflation for fruits has declined to 4.89% in April 2019.The inflation for housing fell to 4.7%, while for miscellaneous, transport and communication items fell to 5.1% and 2.2% respectively in April 2019. The core inflation has been declined to 4.5% in April from 5.1% in March 2019. This reflects slowdown in consumer demand. Given the lower inflation and slowdown in industrial production, market seems to believe that the lower growth has created room for RBI to cut the rates further when Monetary Policy Committee (MPC) meets in June, 2019 for the policy review. The Central bank has cut the key policy rate by 25bps each in it last two policy reviews. However, oil prices at international market, fiscal situation of the economy and monsoon strength are going to pose challenge to MPC when they meet for the policy review.

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
U.S. Consumer Price Inflation //jp.knoema.com/sdpzrnd/u-s-consumer-price-inflation 2019-01-19T21:06:59Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
U.S. Consumer Price Inflation

The U.S. consumer price inflation fell to 1.9% on year-on-year basis in Dec 2018 in line with market expectations, mainly due to a sharp decline in energy prices. The consumer prices for energy fell to 0.3% over the past 12 months. Among the energy commodities, gasoline declined sharply 2.1% over the last year, whereas electricity and natural gas prices have increased 1.1% and 2.3% respectively. However, pressure on the core consumer price that excludes volatile food and energy prices remained firm as rental housing and healthcare costs rose steadily. The core inflation increased 2.2% in Dec 2018 compared to a year ago. This is slightly higher than the 2% long term target of the Federal Reserve, the US central bank.

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Consumer price Inflation in Malaysia //jp.knoema.com/pnujfsg/consumer-price-inflation-in-malaysia 2018-10-18T13:43:07Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Consumer price Inflation in Malaysia

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
Balaji Profile //jp.knoema.com/abnctsb/balaji-profile 2018-03-02T08:13:39Z Balaji S jp.knoema.com://jp.knoema.com/user/1000220
Balaji Profile

  World Development Indicator (from WorldBank) probably be the first entrant to our Knoema Data repository that I began with. Since then, thousands and thousands of datasets are getting poured to our data repository by the team of data analyst under my leadership. Today, we are having nearly 3b (three billion) curated time series data from credible sources to facilitate instant data analysis.   There are many interesting data that I come across on various topics/countries in my data journey and shown few here that I like/care about. (Yes of course, it may be stereotyped to India). More of my scribbling work can be seen here.   I bet you, you will find data of your interest within Knoema by Signing up for FREE.  

Balaji S jp.knoema.com://jp.knoema.com/user/1000220
International Financial Statistics by Country (IFS) //jp.knoema.com/aqrrlef/international-financial-statistics-by-country-ifs 2017-12-27T10:58:13Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
International Financial Statistics by Country (IFS)

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Which State is costlier to live in India //jp.knoema.com/maedqxf/which-state-is-costlier-to-live-in-india 2016-04-18T06:39:58Z Balaji S jp.knoema.com://jp.knoema.com/user/1000220
Which State is costlier to live in India

Balaji S jp.knoema.com://jp.knoema.com/user/1000220
Tur Dhal Retail Price Movement in India //jp.knoema.com/ngrcppe/tur-dhal-retail-price-movement-in-india 2016-04-13T05:48:54Z Balaji S jp.knoema.com://jp.knoema.com/user/1000220
Tur Dhal Retail Price Movement in India

Balaji S jp.knoema.com://jp.knoema.com/user/1000220
CPI vs WPI in India //jp.knoema.com/ixcgjce/cpi-vs-wpi-in-india 2015-07-29T08:10:37Z Balaji S jp.knoema.com://jp.knoema.com/user/1000220
CPI vs WPI in India

Inflation in India is primarily measured by WPI (Wholesale Price Index). But, most of the developed economies, Inflation is measured by the Consumer Price Index. This puts the WPI data is not directly comparable with other countries CPI data. Later CPI is started being measured from Jan 2011 onwards. Below chart shows the comparison of how WPI & CPI varies over time. Note: It is time for India to re-base WPI, as the last time the re-base was done in 2004.

Balaji S jp.knoema.com://jp.knoema.com/user/1000220
G20 Consumer Price Index //jp.knoema.com/irtihig/g20-consumer-price-index 2013-10-16T17:24:12Z Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560
G20 Consumer Price Index

The G20 CPI provides a timely measure of inflation for the G20. In the future, the G20 CPI will become part of the regular OECD monthly News Release on CPI at around one month after the reference period. Annual inflation in the G20 area was 3.0% in the year to August 2013, down from 3.2% in the year to July 2013. The G20 CPI aggregate reflects diverging patterns among the world’s largest economies. India, Argentina, Indonesia andTurkey experienced the highest annual inflation rates (equal to or above 8.0%) in August 2013, while Japan, France , Canadaand Italy had the lowest annual inflation rate (between 0.9% and 1.2%). In August 2013, annual inflation slowed in Turkey (to 8.0%, down from 8.6% in July), the United States (to 1.5%, down from 2.0%), Germany (to 1.6%, down from 1.9%), and more moderately in the European Union (to 1.5%, down from 1.7%),Brazil (to 6.1%, down from 6.3%), India (to 10.7%, down from 10.8%) and China (to 2.6%, down from 2.7%). In contrast, annual inflation picked up in Indonesia (to 8.8%, up from 8.6%) and Japan (to 0.9%, up from 0.7%) while it remained stable in the Russian Federation (at 6.5%), South Africa (at 6.4%),Mexico (at 3.5%), and Italy (at 1.2%). Access database

Misha Gusev jp.knoema.com://jp.knoema.com/user/1000560