BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Consumer Price Index-based retail inflation came in at 7% YoY in June 2022, similar to that in May 2022. The number is lower than our forecast of 7.3% and Bloomberg consensus of 7.1% YoY.
With this, CPI inflation stands at 7.3% YoY in Q1 FY23 as against 6.3%/5.6% YoY in Q4/Q1 FY22 and slightly lower than Reserve Bank of India forecast of 7.5% YoY.
Food inflation in June 2022 came in at a three-month low of 7.8% YoY in June-22 versus our forecast of 8.8% YoY.
Most food items, including vegetables, exhibited lower inflation, except ‘cereals and products'.
Meanwhile, Index of Industrial Production grew at 19.6% YoY in May 2022 versus 6.7% YoY in April-22. The number is lower than our forecast of 24.9% YoY and Bloomberg consensus of 20.7% YoY.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
