Anand Rathi: India’s Retail Inflation Above The RBI’s ‘Comfort’ Zone
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
India’s Retail Inflation went up from 5.8% in March to 7.2% in April. While still high, the retail inflation rate has fallen to 6.1% in June. Supply disruption-led shortages of manufactured products during the lockdown seem to have been the major reason for the rise in inflation.
In contrast, the growth situation remains the key concern and the Reserve Bank Of India is likely to maintain the accommodative stance. That said, the RBI may hold or scale down further easing till inflation comes down further.
Click the attachment to read the full report:
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 brokerage 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.