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COST & CREDIT WATCH, AND THE WEEK IN BRIEF

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COST & CREDIT WATCH, AND THE WEEK IN BRIEF

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NONE | NONE June's retail inflation is reported at 4.38%, firming expectations of a rate move and keeping home-loan EMIs in the conversation for anyone weighing a purchase this quarter; our own Issue 24 carried a reading closer to 4.24% at the time, and readers should treat 4.38% as the newer figure pending final confirmation from the source data. On the supply side, West Asia tensions continue to pressure oil prices, steel, cement and logistics costs — the construction-cost story this paper covered in full in Issue 24's front section, including the roughly 20% rise in steel pricing reported at the time. We are flagging the update here rather than re-running the feature, in keeping with our policy of not duplicating a story already told in depth within the same news cycle.
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