Care Ratings: Wholesale Inflation Firms Up To Nine-Month High In November 
A worker labors at the welding line on the Innova Crysta compact multi-purpose vehicle production line (Photographer Dhiraj Singh/Bloomberg)

Care Ratings: Wholesale Inflation Firms Up To Nine-Month High In November 

Bookmark

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

Wholesale inflation firmed up to nine-month high of 1.6% in November 2020 compared with 0.6% in November 2019 and 1.5% in the previous month.

We had estimated wholesale inflation at 1.8% for the month. Wholesale inflation has been registering a gradual pick-up in the last five months reflective of improvement in the pricing power of the manufacturers.

The build-up in wholesale inflation for the month can be ascribed to inflation in the manufacturing basket (weight of almost two-third in the WPI basket) which has risen to a near two-year high.

Click on the attachment to read the full report:

Care Ratings Wholesale Inflation November 2020.pdf

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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.