Tag: IIP

Macro Matters (August 2021)

CPI Inflation for Jul-21 tapers by 67 bps to 5.59% as food prices ease Retail headline inflation for Jul-21 came in at 5.59% compared to 6.26% in Jun-21. The consensus estimate for retail inflation for Jul-21 was close to 5.80%, so it was actually better than estimates. The sharp fall in headline inflation in Jul-21

Macro Matters (July 2021)

CPI Inflation for Jun-21 almost flat at 6.26% as food price burden sharpens Retail headline inflation for Jun-21 came in at 6.26% compared to 6.30% in May-21. The consensus estimate for retail inflation for Jun-21 was closer to 6.9%, so it was surely lower than the consensus estimates. The sharp spike in headline inflation in

Macro Matters (June 2021)

CPI Inflation for May-21 spurts by 201 bps to 6.30% as food and fuel inflation harden There were 3 major triggers for the spurt in inflation in May-21. Firstly, the food inflation spiked from 1.96% to 5.01% as supply chain constraints continued to push prices higher. Secondly, fuel inflation spurted to 11.58% in May-21 as

Macro Matters (MAY 2021)

CPI Inflation for Apr-21 trends lower by 123 bps to4.29% as food prices and core inflation soften Core inflation gave some room for hope in the month of Apr-21. A moment on the concept first! Core inflation represents the residual inflation after taking out food inflation and fuel inflation. Core inflation matters because it is

Weekly Capsule (Feb 08 – Feb 12)

News Announcement Impact Analysis ·         CPI inflation tapers further to 4.06% for Jan-21, close to the RBI median ·         After a sharp fall in inflation in Dec-20 to 4.59%, the Jan inflation fell further on the back of weak food prices ·         While food inflation tapered to 1.89% in Jan-21, the core inflation remains sticky