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Price Index
Price Index (PPI) fell for the 14th consecutive month, reflecting weak demand in the manufacturing sector and continued deflationary trends. In contrast, India experienced a moderate rise in consumer prices due to higher food and fuel costs, maintaining an inflation rate near 4.5%, within the Reserve Bank of India’s comfort zone. Emerging markets in Latin America and Africa are seeing mixed results, with nations like Brazil and South Africa managing to keep inflation in check through strong monetary policies and currency stabilization measures.
Commodity markets have also influenced global price indices. Crude oil prices have remained above $90 per barrel due to OPEC+ production cuts, adding slight upward pressure on transportation and manufacturing costs. Meanwhile, agricultural prices have fluctuated following unpredictable weather patterns and shifting global trade dynamics.
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