After the driest June in over a decade, India has received healthier monsoon rainfall in July, while the government has ample stocks of key staples such as rice. But the inflation risk remains...

The small increase in headline inflation in July was largely due to higher energy inflation and is unlikely to change policymakers’ thinking significantly ahead of the ECB’s September policy meeting.

While the government’s decision to press ahead with lowering the sales tax on food next year will reduce headline inflation sharply, we don’t think it will have major consequences for the outlook for...

Underlying inflation in Q2 didn’t pick up nearly as much as the RBA had expected. Although the path to disinflation is likely to be bumpy, we think the Bank will judge policy sufficiently restrictive...