Indian WPI Food Index YoY (Apr) Y/Y 1.98% (Prev. 1.85%)
The Indian WPI Food Index year-over-year figure for April came in at 1.98%, exceeding the previous month's 1.85%.
Iranian Foreign Minister Araghchi says "In our view, the Strait of Hormuz is open to all commercial ships, but they must cooperate with our naval forces"; adds "hope this situation will end with the lifting of this illegal blockade imposed by America"
[MARKET UPDATE] Crude falls in excess of USD 1/bbl over ten minutes to the benefit of Fixed Income and Equities; no specific driver, potentially among Aragchi comments "do not seek war"
Indian WPI Food Index YoY (Apr) Y/Y 1.98% (Prev. 1.85%)
India is reportedly mulling reducing taxes on taxes on foreign bond investments
Sumitomo Bakelite (4203 JT) is to raise the prices of chip material by 10-20%
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This uptick could signal slight inflationary pressures in food prices, potentially influencing future monetary policy decisions, especially if the trend continues within a broader context of economic growth considerations.
Related headlines
- Swedish CPI Prel (Aug YY) 0.3% vs. Exp. 0.6% (Prev. 0.2%)1 day ago
- Swedish CPI Prel (Aug MM) -0.3% (Prev. -0.3%)1 day ago
- Newsquawk Daily European Equity Opening News - 8th September 202622 hours ago
- Newsquawk European Market Wrap - 8th September 202613 hours ago
- Newsquawk European Market Wrap - 4th September 20264 days ago
- Japanese Money Supply M2 YY (Aug) 2.0% (Prev. 2.1%)4 hours ago
- Chinese Imports YY (CNY)(Aug) 21.7% (Prev. 21.2%)1 day ago
- Chinese Exports YY (CNY)(Aug) 18.6% (Prev. 17.8%)1 day ago
- Australian NAB Business Conditions (Aug) -1 (Prev. 4)1 day ago
- New Zealand Manufacturing Activity volume QQ (Q2) 0.8% (Prev. 3.6%)1 day ago
- New Zealand Manufacturing Activity QQ (Q2) 3.1% (Prev. 2.8%)1 day ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war26 min ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates47 min ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)2 hours ago
- Chinese CPI (Aug MM) 0.4% vs. Exp. 0.3% (Prev. -0.1%)2 hours ago
- Chinese PPI (Aug YY) 3.8% vs. Exp. 3.7% (Prev. 3.5%)2 hours ago
- South Korean Unemployment Rate (Aug) 2.7% (Prev. 2.8%)4 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 7 hours ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 12 hours ago
- South African GDP Growth Rate (Q2 QQ) -0.2% vs. Exp. -0.1% (Prev. 0.5%)18 hours ago
The whole workspace, free to try.
Try it free