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
CARE Ratings' Economic Meter is an objective way of tracking the state of the economy based on 14 high frequency indicators. Each of these indicators reflect a particular aspect of economic activity in areas such as production, consumption, investment, and foreign trade.
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The changes are tracked and compared over the preceding periods both in terms of single month and cumulative basis.
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The CARE Economic Meter score dropped to 6.05 in November 2021 primarily due to weak trade data and lower power consumption during the month. However, it has remained range bound in 6.0-7.0 region for the past four months which is indicative of steady economic progress.
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DISCLAIMER
This report is authored by an external party. BloombergQuint 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 BloombergQuint.
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