Inflation
REIT - An alternative investment class
Fixed deposit is another asset class which gives just the coupon rate and at times when the economy does well, fails to return the rising cost of inflation. Real estate comes with its mystique and is an asset class which has high returns but is cyclical, and entry and exit from this investment is a tedious process and above all requires very large investments.
MPC pauses, is likely done: Monetary Policy Review April 2023
He notes the improvement in our external situation (current account deficit compressing and forex reserves built back to higher than USD 600 billion), the prospects of inflation falling ahead (RBI forecast for FY 24 10 bps lower at 5.2 per cent), and drag from the external sector on growth (though GDP forecast for FY 24 is a shade higher.
Unchanged repo rate comes as relief for affordable segment homebuyers
Real Estate consultant Anarock termed the unchanged Repo Rates as a boon for the Housing sector. Anuj Puri, Chairman, Anarock Group said that much against general expectations, the RBI decided to keep the repo rates unchanged at 6.5 per cent. "This is indeed good for the residential real estate market, which faces a tough road ahead amid massive layoffs by large corporates the world over
Philippine inflation rate slowed to 7.6% in March
Philippine Statistics Authority (PSA) data showed the inflation rate in March 2022 was lower at 4 per cent, reports Xinhua news agency. The average inflation rate for the first quarter of this year stood at 8.3 per cent. In a news conference, PSA head Dennis Mapa said the heavily-weighted food and non-alcoholic beverages, which recorded a lower inflation rate at 9.3 per cent from 10.8 per cent in February.
Gold set to touch Rs 68,000 in FY24, prices go up on Friday
Gold prices in last FY23 have jumped a massive Rs 8,000 in domestic markets from Rs 52,000 to Rs 60,000 which is a 15 per cent return, beating all other asset classes, said Jateen Trivedi, Vice President, Research Analyst, LKP Securities. Trivedi said gold still looks lucrative in terms of ROI from a safety perspective where the inflation still remains high globally and interest cycle which is yet to ease, will also provide the push needed for gold to run and give 10-15 per cent return in coming FY24.
Inflation in Pakistan reaches all time high of 46%
Major increase is observed in the prices of food items - tomatoes (71.77 per cent), wheat flour (42.32 per cent), potatoes (11.47 per cent), bananas (11.07 per cent), tea Lipton (7.34 per cent), pulse mash (1.57 per cent), tea prepared (1.32 per cent) and gur (1.03 per cent), and non-food items like georgette (2.11 per cent), lawn (1.77 per cent) and long cloth (1.58 per cent), Samaa TV reported.
Inflation likely to be determined by heatwaves, El Nino prospects: Monthly economic review
In its monthly economic review for the month of February 2023, released on Monday, the finance ministry, quoting forecasts by various international organisations, has said that inflation in India will moderate in 2023-24 compared to 2022-23, and is likely to remain in the range of 5 per cent to 6 per cent, with risks evenly balanced.
Milk prices spiked in last six months: Report
Milk and milk products have seen an average YoY inflation of 6.5 per cent over the last 12 months, while this increases to 8.1 per cent if we look at just the last five months. Monthly momentum has been at 0.8 per cent over the last year, more than double the pre-pandemic five-year average of 0.3 per cent, while its contribution to.
Retail inflation sees marginal fall to 6.44% in February 2023
Food inflation also slid to 5.95 per cent in February 2023 compared to 6 per cent in January. Consumer price index (CPI) based inflation had touched 6.52 per cent in January 2023, which was a three-month high owing to higher food prices. However retail inflation was 6.07 per cent in February 2022, and therefore CPI-based inflation in February 2023, at 6.44 per cent, was higher compared to the year-ago period.
Pakistan inflation hits all-time high
According to Arif Habib Corporation, this is the highest-ever CPI increase based on data available from July 1965, Dawn reported.
In February, 2022, inflation clocked in at 12.2 per cent. According to data released by the Pakistan Bureau of Statistics (PBS), inflation in urban and rural areas increased to 28.82 per cent and 35.56 per cent year-on-year respectively.
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