BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICRA Research Report
The YoY wholesale price inflation printed in double digits for the ninth consecutive month, easing only modestly to 13.6% in December 2021 (our expectation: up 13.0%) from a high of 14.2% in November 2021, with a jump in primary food and non-food inflation absorbing a part of the correction in other items.
With a modest month-on-month rise of 0.3%, the inflation for manufactured non-food products displayed a welcome easing to a six-month low of 11.0% in December 2021.
In contrast, the primary food inflation spiked from the marginal 0.1% in October 2021 to an unpleasant 23-month high 9.6% in December 2021, reflecting the unfavorable base.
Although the prices of various food items have displayed a seasonal downtrend and the Indian rupee has appreciated in recent weeks, the global prices of several commodities have retraced an upward trajectory as the concerns around the impact of Omicron on global demand have abated.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR