India Economy & Strategy - Structural Persistence In Inflation While Growth Spectrum Narrows: Systematix

"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. .Systematix Research Report.Multiple elements ranging from changes in consumption pattern, gaining share of services and market power concentration among Indian firms point towards structural persistence of inflation. India’s industrial production data is characterised by coexistence of limited growth sectors and contraction at the broader level. What makes Reserve Bank of India’s role even more challenging is the continued rise in global interest rates and currency volatility. Food and beverages inflation continues to rise on a seasonally adjusted basis by 0.8% in February 2023 month-on-month (6.3% YoY in Feb-23 versus 6.2% YoY in Jan-23). Moderation in headline inflation is capped by the rise in food inflation which is majorly driven by the sharp rise in cereal inflation to 16.7% in Feb-23 from 16.2% in Jan-23 and 4% in Feb-22. There is a prominent reversal in vegetable prices which bottomed out a month early this season; with a decline in the pace of contraction from -11.8% in Jan-23 to 11.6% in Feb-23..Click on the attachment to read the full report:.Wholesale Inflation Expectedly Dipped To 3.9% In Feb; Likely To Ease Further In March On A High Base: ICRA.DISCLAIMERThis 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."

India Economy & Strategy - Structural Persistence In Inflation While Growth Spectrum Narrows: Systematix

Sticky-core inflation is driven by urban services and concentrating market power.

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India Economy & Strategy - Structural Persistence In Inflation While Growth Spectrum Narrows: Systematix

Sticky-core inflation is driven by urban services and concentrating market power.

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