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.
Nirmal Bang Report
The trend from data available till date for Q2 FY23 indicates further easing in basket inflation for the consumer sector, but YoY inflation persists.
Our proprietary FMCG Commodity Price Inflation Index, which tracks the movement of key commodities prices at a basket level, is now seeing a slightly lower inflation of ~12.6% in the month of August 2022 versus August 2021, lower than the 16-17% inflation seen in the previous three months (down ~0.3% in July-22 over June-22 and further down ~0.5% in the month of Aug-22).
Food, Fuel and Forex inflation continue in Q2 FY23 while easing was seen in other inputs especially in oil commodities (palm and other edible oils).
As highlighted in our recent note, while there are already signs of correction in the prices of some key commodities from their peak levels during the quarter, companies are still holding high-priced inventory, at least till Q2 FY23.
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.
