Inflation
World Bank warns of inflation risks in sub-Saharan Africa
The World Bank issues cautions about emerging inflationary pressures affecting sub-Saharan African economies. Analysts identify rising commodity prices and currency volatility as key drivers.
India's Central Bank Raises Interest Rates Amid Inflation
India's central bank has increased interest rates for the first time since 2023 to combat rising inflation. The monetary policy decision reflects efforts to stabilize the economy. The rate increase is expected to impact borrowing costs across the nation.
RBI Signals Calibrated Tightening Stance
India's central bank unanimously voted to raise the repo rate 25 basis points to 5.5% with revised policy stance shifting to calibrated tightening from neutral. Real GDP growth for FY27 was projected at 7.1% amid persisting inflation from geopolitical tensions. The policy change aimed to balance growth and price stability.
RBI Raises Rates, Markets React Mixed
The Reserve Bank of India increased the repo rate 25 basis points to 5.5%, marking the first hike in four years as inflation remained elevated. Banking stocks strengthened post-announcement while auto and real estate sectors faced pressure. The rate decision reflected concerns over global economic headwinds and rising commodity prices.
Turkey's Economic Growth Slows Amid Inflation Controls
The World Bank projects Turkey's economic growth will ease to 2.8 percent in 2026 from 3.7 percent in 2025 due to tighter economic policies and higher import costs. Turkey's Central Bank Governor Fatih Karahan expects disinflation to accelerate as supply-side pressures fade.
Reserve Bank Raises Interest Rates After Four Years
India's central bank increased the repo rate by 25 basis points to 5.5%, responding to elevated inflation pressures and stronger-than-expected economic growth. This marks the first rate hike in 44 months and will directly increase borrowing costs for consumers and businesses. Banks are expected to raise deposit rates in response.
Argentina Adjusts Rental Costs for October Inflation
Argentine rental contracts receive quarterly inflation adjustments in October 2026 to offset purchasing power loss. Government assistance payments are distributed according to citizen ID number schedules.