India Nov CPI - Food Falls But What’s In Store For Core? IDFC AMC Analysis

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. .IDFC AMC Research Report.India’s November Consumer Price Index printed 5.9% YoY, well below consensus, driven by faster-than-expected disinflation in vegetables. In our note last month, we had highlighted encouraging early signs for India’s food inflation. This includes the ongoing seasonal fall in vegetable prices, softer growth in prices of pulses and edible oils, healthy progress in rabi season sowing (particularly for wheat) andmoderation in global food prices and farm input costs. Cereal inflation has been a concern and was strong in the November print too but rice stock is comfortable and there are recent reports of the Food Corporation of India considering offloading some of its wheat stock to ease prices. However, core inflation (headline CPI excluding food and beverages and fuel and light) continues to remain elevated and sticky, averaging 6% for over two years and registering the same even in November. .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.

India Nov CPI - Food Falls But What’s In Store For Core? IDFC AMC Analysis

India’s November CPI printed 5.9% YoY, well below consensus, driven by faster-than-expected disinflation in vegetables.

Choose a plan