Romania's annual inflation rate reaches highest level in four years

Retail inflation eases to 3.28% in September

India's industrial output grew sharply 4.3 percent in August, highest in nine months, showing signs of recovery, aided by an expansion in the manufacturing sector.

Economists surveyed by Reuters had forecast 2.4% growth in output compared with a revised 0.9% year-on-year increase in July.

Sweden's consumer price inflation held steady in September, after easing marginally in the prior month, figures from Statistics Sweden showed Thursday. A Reuters poll showed that economists expected consumer inflation to rise to 3.60 per cent in September. This primarily reflects weaknesses in aggregate demand.

Apple Reportedly Working With LG Display on a Foldable iPhone for 2020
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In my opinion, IIP growth will not sustain at this level, as base effect will keep shifting. All this will basically impart upside risk to the baseline inflation trajectory. The cumulative growth in these three sectors during April-August 2017 over the corresponding period of 2016 has been 3.3%, 1.6% and 6.2% respectively.

People also attributed the spike in retail inflation in August to GST.

Headline is well within the central bank's estimate of 2-3.5 percent range for 1H17.

Britain asks Ofgem to devise consumer energy price cap plan
In the meantime, suppliers must step up efforts to get more of their customers on default tariffs onto better value deals. There has also been a guarded welcome for the draft Bill from consumer organisation Which.

The output of mining and electricity sectors during the month accelerated to 9.4 percent and 8.3 percent from (-) 4.3 percent and 2.1 percent respectively in August previous year. The current inflation rate remains below the Reserve Bank's 4 per cent target.

The drop in inflation may firm up the government and industry's case for a rate cut in December when the monetary policy committee will be meeting again.

Nanded Municipal Election 2017: Counting of votes to begin at 10 am
In the run up to the polls, Chief Minister Fadnavis had accused the Shiv Sena of lobbying with the Congress to defeat the BJP. Congress has crossed the half way mark and was on its way to winning the Nanded Waghala Municipal Corporation Elections.

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