December Retail Inflation Back To The Comfort Zone, Says Anand Rathi

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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.

Anand Rathi Report

Retail inflation in India during December 2020 declined to 4.6%, from 6.9% the month prior. This was the lowest since September 2019.

With this, retail inflation in India has returned to the Reserve Bank Of India’s comfort zone - for the first time since March 2020.

Food inflation declined from 9.5% in November 2020 to3.4% in December. This was driven mainly by vegetables, which turned around from 16% inflation in November to 10% deflation in December.

Core inflation in December declined slightly to 5.7%, from 5.8% the previous month.

Click on the attachment to read the full report:

Anand Rathi Retail Inflation.pdf

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