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12.05.26 - 23:00
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Higher food prices drive April retail inflation to 3.5% (Times of India)
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Retail inflation edged up to 3.5% in April, driven by a rise in food prices. While fuel inflation slowed, restaurant services saw a significant price jump due to higher LPG costs. Consumer durables like cars and air conditioners, however, became cheaper. Experts note upside risks to the inflation outlook despite the softer-than-expected reading....
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12.05.26 - 22:36
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Trump Says US Inflation Is ′Short Term′ (Bloomberg)
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President Donald Trump says inflation in the US is only "short term." He spoke before leaving for Beijing on Tuesday. US inflation accelerated in April due to rising gasoline and grocery costs, exceeding wage growth. (Source: Bloomberg)...
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