Gold is dear to Indians. While its importance cannot be undermined, volatility in prices may distort the inflation trajectory. Mint explores the impact in recent times.

The non-food primary basket WPI also sobered from 2.40% to 1.53%. Mineral oil deflated sharply. The Energy basket saw WPI inflation hardening from -2.57% to -2.27%; albeit still in contraction mode.

India’s retail inflation likely eased further to 3.0% in May from 3.2% in April, driven by softening food prices, particularly in cereals and pulses, and aided by a favourable base effect ...

The basket share for the transportation group rose to 17.29 per cent, compared with 16.78 per cent, due to an increase in the weight for passenger vehicles.

Argentina's monthly inflation rate slowed to its lowest level in more than five years in May, official data showed on Thursday, adding momentum to President Javier Milei's drive to rid the country ...

The category of housing, water, electricity, gas, and other fuels remained an important contributor, posting 8.5 percent inflation due to its large weight in the CPI basket, despite a sharp fall ...

Inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), rose to 2.4% on a yearly basis in May from 2.3% in April, the US Bureau of Labor Statistics (BLS ...

I don’t even know what time I’d have to come to get some.” Bolivia’s annual inflation reached 18.46 percent in May, according to official figures, from 3.52 percent a year ago.

UK inflation fell to 3.4% in May, down from the previous month’s official reading of 3.5%, but still well above the Bank of England’s 2% target. However, following a blunder by the Department ...

Canada’s annual inflation rate held steady at 1.7% in May, in line with expectations and below the 2% inflation target for the second month in a row, according to data released by Statistics ...

By Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria's headline inflation rate fell slightly for the second month in May, to 22.97% year-on-year from 23.71% in April, data from its statistics agency ...

Under the Tinubu administration, Nigeria’s annual inflation rate fell to 23.71% in April 2025 from 24.23% in the preceding month. The most significant component of the inflation basket remained ...