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.
ICICI Securities Report
We expect headline inflation to print 5.2% in May 2021, up from 4.3% in April 2021 but down from 6.3% in May 2020.
With this print, average inflation in the first two months of FY22 is likely to stand at 4.7%.
In year-on-year terms, we expect almost all components of consumer price index to record lower inflation.
The unabated rise in wholesale inflation in the recent past is likely to continue in May 2021.
We expect wholesale price index inflation to increase to series-high of 14.6% in May 2021, up from 10.5% in April 2021 and down 3.4% in May 2020.
Index of industrial production is likely to grow 186% in April 2021, mainly due to low base effect.
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