Care Ratings: Retail Inflation Eases In November 
A vendor, left, passes a bowl of okra to a customer at her stall in a vegetable market in Mumbai, India (Photographer Dhiraj Singh/Bloomberg)

Care Ratings: Retail Inflation Eases In November 

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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, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Ratings Research Report

There has been an easing in retail inflation in November 2020, aided by the moderation in food inflation. Retail inflation for the month at 6.9% was in line with our rating forecast.

Despite the moderation, the inflation reading continues to be elevated and above the upper band of the Reserve Bank of India target range for retail inflation (6%), for the twelfth successive month.

There has been a buildup in price pressure at the wholesale level too. The wholesale inflation in November climbed to the highest level in nine months (to 1.6%).

Click on the attachment to read the full report:

Care Ratings Retail Inflation November 2020.pdf

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