Data Preview - CPI Seen At 6.75% In August; WPI At 12.3%; July IIP At 5.8%: Nirmal Bang

BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.Consumer price index inflation is seen at 6.75% in August 2022, largely unchanged from 6.71% in July-22. CPI food and beverage inflation is likely to rise to 7.1% in Aug-22 from 6.7% in July-22 mainly due to higher prices of cereals, pulses and to some extent Milk. Wholesale Price Index is likely to come in at 12.3% in Aug-22, down from 13.9% in July-22, supported by easing input prices. WPI core inflation is seen at 7.7% in Aug-22, down from 9.7% in July-22. The index of industrial production is likely to grow by 5.8% YoY in July-22, down from 12.3% YoY in June-22. The drag will come from core infrastructure industries output, which grew by only 4.5% YoY in July-22, down from 13.2% in June-22. Manufacturing PMI on the other hand rose to 56.4 in July-22 from 53.9 in June-22 and was largely stable at 56.2 in Aug-22..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime 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 BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Data Preview - CPI Seen At 6.75% In August; WPI At 12.3%; July IIP At 5.8%: Nirmal Bang

Data Preview - CPI Seen At 6.75% In August; WPI At 12.3%; July IIP At 5.8%: Nirmal Bang

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