Companies found it difficult to fully pass on the impact of an effectively higher cost base to consumers amid intense competition to tap pent-up demand. While the December quarter may show a similar year-on-year trend, analysts expect the sequential trend to improve amid softening commodity prices.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a
August 28, 2026