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Stock impact report

India's December retail inflation accelerates to 5.59% y/y [Financial Post (Toronto, Ontario, Canada)]

Axis Capital Holdings Limited (AXS) 
Last axis capital holdings limited earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: axiscapital.com
Company Research Source: Financial Post
rising prices of manufactured items, government data released on Wednesday showed. Analysts in a Reuters poll had predicted annual inflation at 5.80%. This year's Oscars show will go on, with a host for first time since 2018 Advertisement COMMENTARY RADHIKA RAO, ECONOMIST – DBS BANK, SINGAPORE “December CPI inflation quickened on a Y/Y basis, with non-food components as a dominant driver of price pressures. Sequential decline in food and lower pump prices were offset by adverse base effects, significant telecom price hikes, commodity price rises, firms passing on price increases and demand restoration.” Advertisement Article content “Core inflation (ex food and fuel) proved to be sticky, hovering at 6% for the third consecutive month. The evolving trend will keep inflation elevated in the March 2022 quarter, testing the upper bound of the target range.” “The next policy review will be soon after the Union Budget, allowing the committee to take stock of the state of Show less Read more
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