Ecowrap - Inflation Beginning December 2020 Is Higher Than Reported Numbers: SBI Research
A vendor counts Indian rupee banknotes at a wholesale vegetable market in Okhla, New Delhi. (Photographer: Prashanth Vishwanathan/Bloomberg).

Ecowrap - Inflation Beginning December 2020 Is Higher Than Reported Numbers: SBI Research

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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.

SBI Research Report

Consumer price index inflation slowed to 4.29% in April 2021 from 5.52% in March 2021, primarily due to easing food prices.

However, even as the pandemic rages through India, it is worthwhile to look beyond the headline inflation.

In particular, rural core has now jumped to 6.4% in April 2021 and would rise further in May 2021.

Increasing health expenditure because of the pandemic is having a meaningful impact in rural areas.

Item-wise inflation of health CPI shows persistent month-on-month increase in inflation of non-institutional medicine, and X-ray, ECG, pathological tests.

Even hospital and nursing home charges have increased in April 2021.

Click on the attachment to read the full report:

SBI Research Ecowrap Pandemic Discretionary Spends and Headline Inflation.pdf

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