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This Article is From Nov 13, 2024

India's CPI Inflation Surges To 14-Month High Of 6.2% In October: Motilal Oswal

India's CPI Inflation Surges To 14-Month High Of 6.2% In October: Motilal Oswal
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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.

Motilal Oswal Report

Headline Consumer Price Index inflation spiked to a 14-month high of 6.2% YoY in Oct-24 (versus 5.5% in Sep-24), higher than our forecast of 5.8% and the Bloomberg consensus of 5.9%.

The acceleration was broad-based. Food inflation jumped to a 48-month high of 10.8% in Oct-24 versus 9.3% in Sep-24. At the same time, core inflation rose to a 10-month high of 3.7% (versus 3.5% in Sep-24). In Apr-Oct-24, inflation stood at 4.8% versus 5.4% in Apr-Oct-23.

Click on the attachment to read the full report:

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This 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.

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