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
India’s headline inflation as measured by the consumer price index retreated to a four month-low of 5.3% in August 2021 from 5.59% in the previous month.
This inflation reading is lower than our projection of 5.6%.
Retail inflation inched up by 0.25% on a month-on-month basis. The inflation reading for the current month comes over a high base of 6.69% in August 2020.
Inflationary pressures in the economy have been cooling after recording a notable increase to 6.3% in May 2021 breaching the upper band of Reserve Bank of India’s flexible inflation target range of 2%-6%.
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