Eyes on the supply-side: Disruptions could lead to further price increases

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The Covid-induced global lockdowns in 2020 ignited supply chain disruptions, which, in turn, paved the way for a great loss of global demand. Consequently, oil prices plummeted significantly to levels last seen in 2002, and indices of Commodity Research Bureau (CRB), Baltic Dry, London Metal Exchange and S&P GSCI tumbled to multi-year lows. This plunge … Read more

August CPI inflation at 6.69%: Experts say numbers above RBI target to dampen October rate cut hopes

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India’s retail inflation eased slightly in August as food inflation cooled, but remained above the upper end of RBI medium-term target for the fifth straight month, government data showed on Monday. Retail inflation in August at 6.69% was lower than the 6.85% forecast that analysts had made in a Reuters poll and the 6.73% registered … Read more