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This Article is From Sep 15, 2020

Anand Rathi: India’s August Retail Inflation Held Unchanged At The July 2020 Level

Anand Rathi: India’s August Retail Inflation Held Unchanged At The July 2020 Level
Shoppers wear protective masks while buying vegetables from a street stall in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

India's Retail inflation for August 2020 at 6.7% was unchanged from the previous month's level, which had been revised downward.

At 9.1% in August 2020, food inflation was the lowest since November 2019. Inflation of pulses, cereals, meat, spices and milk recorded softened inflation.

Egg and alcoholic beverage inflation hardened.

At 5.8%, core inflation was the highest since November 2018. Inflation for transport and communication, personal care and footwear accelerated.

These include pulses, edible oils, spices and vegetables. Of the discretionary items, personal care and transport and communication registered high inflation.

Click on the attachment to read the full report:

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 brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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