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.
Motilal Oswal Report
Exactly in line with our expectations, but below market consensus of 7.2% YoY, headline inflation came in at 6.9% YoY in November 2020, against 7.6% in October 2020 and 5.5% in November 2019.
Food inflation stood at a three-month low of 9.4% YoY in November 2020, vis-a-vis 11% in October 2020 and an average of 10% since the start of FY21.
Vegetables, which clocked more than 20% inflation during Sept-Oct 2020, came in lower at 15.6% YoY in November 2020.
As a result, Consumer Price Index inflation, excluding vegetables, also came in lower at 6.2% YoY in November 2020 from 6.4% in October.
Separately, Whole Price Index based inflation rose to 1.6% YoY in November 2020 from 1.5% in October 2020 and 0.6% in November 2019.
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