Tag: Inflation

Inflation likely to remain elevated, Q3 CPI seen at 6.8%

MUMBAI: As India battles to break out of the Covid cloud and the severe setback inflicted by the pandemic on the economy, the Reserve Bank of India’s Monetary Policy Committee (MPC) expects inflation to remain high and the consumer price index (CPI) for the October-December quarter of FY21 is projected at 6.8 per cent. In […]

Euro zone set for record recession, inflation to vanish: European Commissioner

BRUSSELS: The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday. “Europe is experiencing an economic shock without precedent since the Great Depression,” European Commissioner for Economic and Financial […]

Back To Top