



By Madhumita VikramGokhale
BENGALURU (Reuters) - India's retail inflation held steady in December, staying within the Reserve Bank of India's comfort zone for a second month as a moderation in food price rises was partly offset by elevated core inflation, a Reuters poll of economists found.
The Jan. 4-9 poll of 45 economists put consumer price inflation at 5.90% in December from a year earlier, little changed from an eleven-month low of 5.88% in November.
If confirmed, inflation would be within the RBI's 2-6% comfort range for a second month but it has been above the medium-term target of 4% for over three years.
Forecasts ranged from 5.40% to 6.40%.
But wholesale inflation likely slowed to 5.60% last month from a year ago, down from 5.85% in November.
"I think the sequential decline in food prices is likely to have a moderating impact on inflation, however, we are not looking at a very sharp fall from the previous meeting, because core inflation will continue to remain sticky. And that should provide a floor," said Sakshi Gupta, principal economist at HDFC Bank.
Core inflation, when volatile food and energy prices are stripped, is viewed by central banks around the world as a better measure of the persistence of price pressures and has remained high in India.
Most economists expect core inflation to remain sticky in the coming months.
Recently, RBI Governor Shaktikanta Das said the bank would continue its fight against inflation despite the worst being "behind us", suggesting the central bank was likely to remain hawkish in the near term.
"We have been highlighting that monetary policy setting in India is going to be a two-step process: first to bring inflation within the tolerance band and then to bring it closer to the 4% target," wrote Aastha Gudwani, India economist at BofA Securities.
"While we have achieved the first milestone, we still don't see CPI inflation falling to 4% levels and thus expect the RBI MPC to continue to raise rates further albeit at a slower pace."
EUR/USD
1.0771
+0.0009 (+0.08%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (2)
EUR/USD
1.0771
+0.0009 (+0.08%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (2)
GBP/USD
1.2564
+0.0004 (+0.04%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
USD/JPY
147.07
-0.24 (-0.16%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (5)
AUD/USD
0.6554
+0.0005 (+0.08%)
Summary
BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (5)
Sell (3)
USD/CAD
1.3591
-0.0001 (-0.00%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (5)
EUR/JPY
158.41
-0.15 (-0.09%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (1)
EUR/CHF
0.9419
+0.0002 (+0.02%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (6)
Gold Futures
2,046.20
-1.70 (-0.08%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Silver Futures
24.275
+0.047 (+0.19%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (5)
Sell (1)
Copper Futures
3.7553
+0.0253 (+0.68%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Crude Oil WTI Futures
69.75
+0.37 (+0.53%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Brent Oil Futures
74.66
+0.36 (+0.48%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
Natural Gas Futures
2.569
+0.002 (+0.08%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (7)
Sell (1)
US Coffee C Futures
175.85
-7.90 (-4.30%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (10)
Sell (0)
Euro Stoxx 50
4,483.75
+30.98 (+0.70%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (6)
S&P 500
4,549.34
-17.84 (-0.39%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (4)
DAX
16,656.44
+123.33 (+0.75%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
FTSE 100
7,515.38
+25.54 (+0.34%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
Hang Seng
16,474.00
+168.50 (+1.03%)
Summary
BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (5)
Sell (1)
US Small Cap 2000
1,851.25
-4.79 (-0.26%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (0)
Sell (7)
IBEX 35
10,258.10
+19.70 (+0.19%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (6)
BASF SE NA O.N.
44.440
+0.840 (+1.93%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Bayer AG NA
32.39
+0.69 (+2.16%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (1)
Allianz SE VNA O.N.
240.95
+2.20 (+0.92%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (3)
Adidas AG
197.00
+1.72 (+0.88%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (7)
Deutsche Lufthansa AG
8.585
+0.266 (+3.20%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (0)
Sell (6)
Siemens AG Class N
160.92
+2.18 (+1.37%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (4)
Deutsche Bank AG
11.670
+0.100 (+0.86%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (5)
Sell (3)
EUR/USD | 1.0771 | ↑ Buy | |||
GBP/USD | 1.2564 | ↑ Buy | |||
USD/JPY | 147.07 | ↑ Sell | |||
AUD/USD | 0.6554 | Buy | |||
USD/CAD | 1.3591 | ↑ Sell | |||
EUR/JPY | 158.41 | ↑ Buy | |||
EUR/CHF | 0.9419 | ↑ Sell |
Gold | 2,046.20 | ↑ Buy | |||
Silver | 24.275 | ↑ Buy | |||
Copper | 3.7553 | ↑ Buy | |||
Crude Oil WTI | 69.75 | ↑ Buy | |||
Brent Oil | 74.66 | ↑ Buy | |||
Natural Gas | 2.569 | ↑ Buy | |||
US Coffee C | 175.85 | ↑ Buy |
Euro Stoxx 50 | 4,483.75 | ↑ Sell | |||
S&P 500 | 4,549.34 | Sell | |||
DAX | 16,656.44 | ↑ Sell | |||
FTSE 100 | 7,515.38 | ↑ Sell | |||
Hang Seng | 16,474.00 | Buy | |||
Small Cap 2000 | 1,851.25 | ↑ Sell | |||
IBEX 35 | 10,258.10 | ↑ Sell |
BASF | 44.440 | ↑ Buy | |||
Bayer | 32.39 | ↑ Buy | |||
Allianz | 240.95 | Buy | |||
Adidas | 197.00 | ↑ Sell | |||
Lufthansa | 8.585 | Sell | |||
Siemens AG | 160.92 | Neutral | |||
Deutsche Bank AG | 11.670 | Buy |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 7,320/ 7,420 (0/ 0) # 1,451 |
SJC HCM | 7,300/ 7,420 (0/ 0) # 1,448 |
SJC Hanoi | 7,300/ 7,422 (0/ 0) # 1,450 |
SJC Danang | 7,300/ 7,422 (0/ 0) # 1,450 |
SJC Nhatrang | 7,300/ 7,422 (0/ 0) # 1,450 |
SJC Cantho | 7,300/ 7,422 (0/ 0) # 1,450 |
Cập nhật 07-12-2023 08:14:30 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$2,028.24 | +9.73 | 0.48% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 23.680 | 24.150 |
RON 95-III | 22.990 | 23.440 |
E5 RON 92-II | 21.790 | 22.220 |
DO 0.05S | 20.190 | 20.590 |
DO 0,001S-V | 21.590 | 22.020 |
Dầu hỏa 2-K | 21.110 | 21.530 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $69.84 | -5.45 | -0.07% |
Brent | $74.65 | -5.41 | -0.07% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 24.065,00 | 24.435,00 |
EUR | 25.474,81 | 26.873,60 |
GBP | 29.775,38 | 31.043,30 |
JPY | 160,24 | 169,63 |
KRW | 15,96 | 19,34 |
Cập nhật lúc 08:10:04 07/12/2023 Xem bảng tỷ giá hối đoái |