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Climate change will speed up inflation in next decade, says ECB

by AIP Online Bureau | May 28, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

Climate change poses risks to price stability by having an upward impact on inflation,” said the researchers Maximilian Kotz, Friderike Kuik, Eliza Lis and Christiane Nickel. That would “place global incomes under pressure from rising prices and could impact inflation...

Inflation may be past peak but cost of living crisis far from over Experts

by AIP Online Bureau | Jan 18, 2023 | Eco/Invest/Demography, International News

Giving the perspective from business, Unilever CEO Alan Jope said the “fragmentation of supply chains is frankly another inflationary pressure in this economy” and warned more generally of the dangers of inequality Davos: Inflation is likely to have...
RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc

RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc

by AIP Online Bureau | Dec 7, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

“The MPC was of the view that further calibrated monetary policy action was warranted to keep inflation expectations anchored, break core inflation persistence and contain second round effects,” said Shaktikanta Das,governor, RBI The MPC lowered its GDP growth...

Rise in cost of living in India lower versus UK, Germany since Sept 21: SBI Research Ecowrap

by AIP Online Bureau | Dec 4, 2022 | Eco/Invest/Demography, Facts

What cost Rs 100 on September 21 across countries, is now up by Rs 25 in the US, Rs 18 in the UK, Rs 33 in Germany and Rs 15 in India, the report added The rise in the cost of living in India is lower when compared with the likes of UK and Germany, according to SBI...

Rising inflation, falling wages threaten increased poverty and unrest: ILO

by AIP Online Bureau | Nov 30, 2022 | Eco/Invest/Demography, International News, Policy

“Income inequality and poverty will rise if the purchasing power of the lowest paid is not maintained,” he said. “In addition, a much-needed post-pandemic recovery could be put at risk. This could fuel further social unrest across the world and undermine the goal of...
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