Data Bytes
Headline inflation in India eases to 7.0% in May 2022
Despite the drop, inflation still remained a full percentage point above RBI's upper target band
Data Bytes
China consumer price index up by 2.1% y/y in May 2022
All the 8 components of the CPI basket recorded elevated prices in May
Data Bytes
India’s policy rate climbs to 4.9% p.a. as Monetary Policy Committee hikes rate
The decision comes on the back of a multi-decadal high global inflation
Data Bytes
CEIC Leading Indicator for the US drops sharply in May
The US fell to its lowest level since August 2020, decreasing by 7.5 points m/m to 93.3
Data Bytes
India’s real GDP moderates to 4.1% y/y in Q1 2022 (Q4 FY2022)
This brings India’s total GDP growth for FY2022 to 8.7% y/y, 0.2pp below the government’s estimate of 8.9% y/y
Data Bytes
Euro Area inflation accelerates to 8.1% y/y in May
The most recent figure is yet another record high
Data Bytes
United States PCE price index stood at 121.32 in April 2022
This is the lowest reading since November 2020
Data Bytes
US jobless claims down by 8,000 as labour market remains tight
This drop partially compensated for the previous week’s increase by 21,000
Data Bytes
India’s 10-year benchmark bond yield climbs to 7.18% p.a in April 2022
The yield for the longer-term bonds is slated to rise even further as inflation continues to harden
Data Bytes
Euro Area's manufacturing PMI continued to head down in May
The S&P Global PMI decreased to 54.4 from 55.5
Data Bytes
Business climate in Germany improves marginally in May
Ifo Institute's seasonally index inched up to 93 compared to 91.91 in April
Data Bytes
India’s wholesale price index rises by a record high of 15.1% y/y in April
The wholesale price index for fuel and power also continued to rise, accelerating to 38.7% y/y