inflation data

In April, Kerala experienced the highest inflation rate in India at 5.9%, contrasting sharply with Telangana's lowest rate of 1.3%. Rural Kerala also faced the highest inflation at 6.5%, while urban Delhi recorded the lowest at 1.7%. A Crisil analysis indicates that wealthier segments bear a greater inflation burden due to core items forming a larger part of their spending.

Wall Street anticipates losses as initial trade truce optimism fades, shifting focus to corporate earnings and inflation data. UnitedHealth Group's shares plummeted due to revised financial forecasts and CEO transition. Boeing experienced a boost from China potentially lifting a ban on deliveries. Asian markets showed mixed reactions, while European markets edged higher. Xi Jinping cautioned against trade wars, emphasizing cooperation.

US inflation eased in April, driven by lower grocery and gasoline prices, despite existing tariffs. Economists anticipate potential price pressures in the coming months as the full impact of trade duties becomes apparent. The Fed faces challenges balancing inflation and unemployment amid volatile trade dynamics and persistent tariffs, complicating future monetary policy decisions.

India's wholesale price inflation plummeted to a 13-month low of 0.9% in April, driven by easing prices in food, fuel, and manufactured goods. The WPI Food Index also saw a significant decrease, with vegetable and potato prices experiencing notable drops. This decline strengthens the possibility of an interest rate cut by the RBI in June.

US consumer sentiment plummeted in May to its lowest since June 2022, driven by escalating inflation concerns tied to President Trump's trade policies. Despite recent tariff reductions with China, inflation expectations surged, with consumers anticipating a 7.3% rise over the next year. This persistent anxiety may influence the Federal Reserve's monetary policy decisions, potentially delaying interest rate cuts.

India's wholesale price inflation hit a 13-month low of 0.85% in April 2025, driven by lower prices for food, fuel, and manufactured goods. Experts anticipate a further decline in the coming months. Retail inflation also eased, potentially paving the way for another rate cut by the RBI in June to bolster economic growth amid global challenges.

Indian stock markets are poised to react to geopolitical developments, macroeconomic data, and corporate earnings this week. The recent India-Pakistan agreement to halt military actions is expected to positively influence investor sentiment. Focus will be on CPI, WPI data, Q4 results of major companies, and FII activity, with experts advising a long-term investment outlook despite recent market pressures.

The All India Consumer Price Index (CPI) or retail inflation for the month of April 2025 eased to 3.16% compared to April 2024. The food inflation experienced a significant reduction of 91 basis points in April 2025 compared to March 2025, marking its lowest point since October 2021.

Global stock markets faced a downturn after Moody's Ratings downgraded the United States' credit rating. This news impacted US futures and the dollar. European and Asian markets also experienced declines. China's economic data revealed slower growth in retail sales and industrial output. Oil prices weakened. This sell-off occurred after a strong week on Wall Street.

Stock market today: Indian stock markets surged, with Nifty50 surpassing 25,000 and Sensex closing above 82,000, fueled by optimism surrounding potential US-India trade deals and declining oil and gold prices.

Stock market today: NSE Nifty rose on Thursday by 395.20 points (1.60%) to reach 25,062.10, marking its highest level in seven months since October 15, 2024. The BSE Sensex experienced a significant surge of 1,200 points whilst the NSE Nifty closed above 25,000 for the first time since October 2024.

US stocks mostly rose following a promising inflation report and optimism around US-China trade talks. The S&P 500 erased year-to-date losses, while the Nasdaq surged, driven by AI and tech stocks. However, the Dow lagged due to UnitedHealth's decline after a forecast suspension and CEO change, with analysts remaining cautious about future inflation and trade deal uncertainties.

Dalal Street witnessed a significant rally following the Indo-Pak ceasefire, adding over $300 billion to investor wealth. The Sensex and Nifty climbed, fueled by foreign and domestic fund inflows, a fall in retail inflation, and expectations of RBI rate cuts. Smallcap and midcap stocks outperformed, with defense and railway sectors experiencing substantial gains.

US wholesale prices saw an unexpected drop in April. This marks the first monthly decline in over a year. The producer price index fell 0.5% from March. Core wholesale prices also decreased. A sharp drop in services prices contributed to the decline. Many economists had anticipated upward pressure on prices due to tariffs by President Trump.

Ajith Kumar's film, 'Good Bad Ugly', concluded its theatrical run. The film grossed ₹212 crores worldwide. Despite this, the film incurred a loss of ₹66 crores. Box office figures in Tamil Nadu sparked controversy. Initial claims of ₹30.9 crores were inflated. Distributor data confirmed a shortfall of ₹2.4 crores. High production costs contributed to the financial deficit.

Gold price prediction today: Gold prices experienced volatility due to US-China trade deal developments, a stronger dollar, and fluctuating investor sentiment. Moody's downgraded the U.S. credit rating, adding to market uncertainty.

The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will closely monitor incoming data and evolving outlook while reducing its holdings of Treasury securities.

Gold rate today: Gold futures on MCX opened lower, dropping to Rs 92,855/10 g, marking a weekly decline of Rs 3,750. Silver futures also started weakly at Rs 97,292/kg.