Page 2 - Base Effect News Today

With inflation inching closer to the Reserve Bank of India’s medium-term target of 4.0%, monetary policy makers may continue to hold the policy repo rate unchanged to reduce the risk to growth.

The year-on-year (YoY) growth in the index of industrial production (IIP) eased to a lower-than-expected 1.1 per cent in March 2023 from the revised 5.8 per cent in February 2023 , , unseasonal rains, base effect, IIP Growth, icra, report

A favourable base effect is expected to drag down retail inflation below 5 percent for the first time since November 2021, according to a Moneycontrol survey. And for the second month in a row, a favourable base effect will likely be the strongest driver of disinflation

Twenty of the 23 economists in the poll see inflation falling below 5%, and three see it at 5%. The lowest forecast is 4.4%

The GDP growth rate moderated to 6.3% in July-September quarter (Q2FY23) after double-digit expansion in the in April-June quarter (Q1FY23).

India’s engineering goods exports to the US declined 7% in December, and shipments to China continued a downward trend

India’s retail inflation rate will ease to within the central bank’s tolerance band of 2-6% by March, even if prices continue to rise for the rest of the year as per the trend of past five years, thanks to the statistical effect of a favourable base, Mint calculations show.

That sort of thinking is why the bank of england is probably a bit behind where it needs to be in terms of managing price rises. we are expecting prices to fall back after the spring for several months. part of that is the base effect, you are comparing the high level of prices to an already high level of prices. so, some of it isjust to an already high level of prices. so, some of it is just sort of the sort of mathematical explanation. but i think were going to continue to see higher prices fo...

National income growth fails to improve Koreans wellbeing

National income growth fails to improve Koreans wellbeing