Risks to inflation in the euro zone are skewed to the upside as the economy gathers momentum and governments start spending large sums on military and infrastructure, according to the ECB's Isabel Schnabel https://t.co/btwGkR4F1l ...

Tight budgets and stretched wallets are no longer just a problem for lower-income Americans. Inflation is putting pressure on nearly everyone, even households earning six figures. As prices stay stubbornly high, more Americans across different income groups are feeling anxious about their finances and rethinking how they save, spend and plan for the future. Must Read A recent TD Bank survey reported nearly 90% of respondents said rising costs have impacted their spending. When asked how they’ve adjusted ...

Summary of Key Points from the Conference Call Industry Overview - **Industry**: Economics in Asia, specifically focusing on China - **Key Metrics**: Consumer Price Index (CPI) and Producer Price Index (PPI) trends Core Insights 1. **CPI and PPI Trends**: - CPI inflation rose to 0.2% year-on-year (y-o-y) in October from -0.3% in September, exceeding expectations (Consensus: -0.1%; Nomura: 0.0%) [1][4] - PPI deflation improved to -2.1% y-o-y in October from -2.3% in September, aligning with market expectations (Consensus: -2.1%; Nomura: -2.3%) [1][9] 2. **Drivers of CPI Increase**: - The CPI increase was primarily driven by food prices due to lunar calendar effects and elevated gold prices contributing to core prices [1] - Sequential CPI inflation increased to 0.2% month-on-month (m-o-m) in October from 0.1% in September [4] 3. **PPI Deflation Factors**: - The improvement in PPI was influenced by rising global prices of non-ferrous metals, such as copper, while factory gate prices for durable goods remained low [1] - Sequential PPI inflation recorded at 0.1% m-o-m in October, marking the first positive reading in a year [9] 4. **Future Expectations**: - CPI is expected to rise to 0.6% y-o-y in November, supported by favorable base effects and food price increases [3] - PPI deflation is anticipated to ease to -1.9% y-o-y in November due to improvements in domestic commodity prices and global oil prices [3] 5. **Food Price Dynamics**: - Food inflation moderated, with negative inflation for pork, vegetables, eggs, and fruit narrowing in October [5][6] - Gasoline prices fell by 5.5% y-o-y in October, contributing to a drag on headline CPI [6] 6. **Service Sector Performance**: - Strong travel demand during the extended Golden Week holiday led to significant price increases in hotel accommodation, airline tickets, and tourism services [7] Additional Considerations 1. **Economic Challenges**: - The ongoing anti-involution campaign may not sufficiently reflate the economy due to demand-side headwinds and lack of mega stimulus programs [2] - Local governments' excessive investment in manufacturing may not be effectively contained, potentially leading to overcapacity issues [2] 2. **Investment Outlook**: - The recent stock market boom may provide new funding opportunities for corporations in sectors facing overcapacity [2] 3. **Sector-Specific Insights**: - PPI inflation in upstream sectors remained unchanged, while processing manufacturing sector deflation worsened slightly [10] - Notable improvements in PPI readings attributed to better regulation of production capacity in certain industries [11] Conclusion - The economic indicators suggest a cautious optimism with improvements in CPI and PPI, but underlying challenges remain that could hinder sustainable growth. The focus on food prices and service sector performance will be critical in the coming months as the economy navigates these complexities.

Core Insights - Consumer-price growth in India reached a new low in October, indicating a continued decline that supports expectations for potential interest-rate cuts by the central bank [1] Group 1 - The decline in consumer-price growth is part of a broader trend observed in recent months [1] - This trend is significant as it may influence monetary policy decisions by the central bank [1] - The low inflation rate could lead to a more accommodative stance from policymakers, potentially benefiting economic growth [1]

Group 1 - India's consumer inflation cooled to 0.25% in October, which is below the estimated rise of 0.48% and significantly lower than the 1.54% recorded in September [1] - The Reserve Bank of India revised its inflation forecast for the fiscal year ending March 2026 to 2.6% from 3.1% [2] - The central bank maintained its key policy rate at 5% despite the revised inflation forecast [2]

India’s inflation rate fell to its lowest level on record in October, driven by statistical factors and a sharp drop in food prices https://t.co/TATtA32UBT ...

Zambia’s central bank lowered its key interest rate for the first time since August 2020 as it projects inflation will ease further https://t.co/ptAkW2d4pI ...

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. As other food giants grapple with a sharp decline in sales, Chobani is posting robust growth across its business as consumers flock to its creamers, coffees and protein-packed Greek yogurt. Since Chobani’s founding 20 years ago, the company has prioritized food and beverage products that are nutritious and low-sugar but still tasty and accessible to consumers who want them ...

While the rest of the world battles inflation, China is facing consumer prices that are just too low.@jenni__marsh explains what could happen if Beijing fails to hit the brakes https://t.co/0zj9pc3Bik https://t.co/NhzU94TNIJ ...

[CC may contain inaccuracies] Depending on which Fed speech you're listening to at any moment, it's not the jobs that are most important or sticky inflation that's most important. So from your perspective, what's the greater force at the moment. Well, I think it's it is a bit of a toss up.I think Fed officials aren't quite sure what what they want to do. But my inclination is to believe that they'll pass on a December rate cut, that there will be another pause, they'll reconsider at the beginning of next ye ...