Tag: Trade deficit

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 (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 (May 10 – May 14)

News Announcement Impact Analysis ·        Trade deficit for April 2021 widens to $15.10 billion on lower exports ·        Exports for Apr-21 were at $30.63 billion while imports stood at $45.73 billion, sharply higher on yoy basis ·        The overall trade for the month was 7.8% lower sequentially in Apr-21 due to the preliminary impact of

Weekly Capsule (Feb 15 – Feb 19)

News Announcement Impact Analysis ·         Oil rally in Brent Crude market takes a brief breather at $65/bbl ·         The oil shortage was created by Arctic blasts that had left Texas freezing, putting 4 million bpd of oil at risk ·         With the OPEC unwilling to relent on supply infusion, oil prices have rallied over 80%

Daily Market Update Feb 16

After Amazon opted to approach the Supreme Court to stall the FRL-RRIL merger worth Rs.24,700 crore, the Future group has confirmed that it will fight the case legally and ruled out any compromise on the matter. Future Group had also mentioned in a recent interview that Amazon had demanded that Future Retail pay up $40

Weekly Capsule (Jan 11 – Jan 15)

News Announcement Impact Analysis ·         WhatsApp puts off plans to introduce new business features on its platform ·         This sets to rest most of the controversy on privacy and should stem WhatsApp losing customers to Signal ·         For Facebook, which acquired WhatsApp in 2014 for $19 bn, this would mean a clear delay in its

Daily Market Update JAN 11

India’s merchandise exports in the first week of January were up 16.22% on a YOY basis at $6.21 billion as per data from customs. Growth in exports was driven by pharmaceuticals and engineering sectors. During the first week of Jan-21, imports were up marginally by 1.07% at $8.7 billion. Non petroleum imports were up by