Anand Rathi: India’s Retail Inflation Above The RBI’s ‘Comfort’ Zone
A customer pushes a shopping cart along a food aisle while shopping inside a local supermarket (Photographer: Yorgos Karahalis/Bloomberg)

Anand Rathi: India’s Retail Inflation Above The RBI’s ‘Comfort’ Zone

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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:

Anand Rathi Retail_inflation.pdf

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