Indian WPI Inflation YoY (Mar) Y/Y 3.88% vs. Exp. 3% (Prev. 2.13%)
The Indian WPI inflation for March came in significantly above expectations at 3.88%, compared to a forecast of 3%.
Pakistan leadership’s overseas tour until April 18th dims prospects of US-Iran talks in Islamabad before April 18th, Pakistani journalist Mallick reports
Officials told POLITICO the UK Chancellor is planning to hold a one-on-one with US Treasury Secretary Bessent at the “Invest in America” event today
Indian WPI Inflation YoY (Mar) Y/Y 3.88% vs. Exp. 3% (Prev. 2.13%)
Times' hears that UK Chancellor Reeves is looking to back down on plans to start increasing fuel duty by 5p a litre from September, the suggestion is that the move would cost about GBP 2.6bln, Times Reports
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This marked increase from the previous reading of 2.13% suggests rising inflationary pressures, which could have implications for monetary policy moving forward, potentially affecting interest rate expectations and the overall growth-inflation dynamic in India.
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