Data Preview: CPI Seen At 5.55% In December; WPI At 0.65%; November IIP Growth Likely To Moderate: Nirmal Bang

NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.Consumer price index inflation is seen at 5.55% in December 2023, unchanged from November 2023. Food and beverage inflation is expected to moderate month-on-month (led by lower vegetable prices), but it is likely to remain elevated at 8.2% on a low base.Core CPI is likely to sustain its moderating trend and is seen at 4% in Dec-23 versus 4.11% in Nov-23. Wholesale price index inflation is expected at 0.65% in Dec-23 versus 0.26% in Nov-23 mainly on account of food articles inflation remaining elevated at ~10% on a low base. Meanwhile, core WPI inflation is seen at -1.4% in Dec-23 versus -0.7% in Nov-23 on account of benign industrial commodity prices and a high base. India's index of industrial production growth is likely to slow to 4% YoY in Nov-23 versus 11.7% in Oct-23 on a high base and moderation in other key indicators such as electricity output and motor vehicle production. S&P Manufacturing PMI however remained steady in Nov-23..Click on the attachment to read the full report:.Sobha - Aiming For Higher Scale With Strong Balance Sheet: Motilal Oswal.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Data Preview: CPI Seen At 5.55% In December; WPI At 0.65%; November IIP Growth Likely To Moderate: Nirmal Bang

IIP growth likely to moderate to 4% YoY in Nov-23 from 11.7% in Oct-23

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Data Preview: CPI Seen At 5.55% In December; WPI At 0.65%; November IIP Growth Likely To Moderate: Nirmal Bang

IIP growth likely to moderate to 4% YoY in Nov-23 from 11.7% in Oct-23

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