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#RetailInflation in Sep@7.34%,Vs 6.69% in Aug,is due to rise in food price index which rose from 9.05% to 10.68%,MoM
Uptick in #foodinflation is temporary &driven by #COVID related supply disruptions--We had bumper crop last year&FY21,should see bumper agri production,yet again!
Uptick in #foodinflation is temporary &driven by #COVID related supply disruptions--We had bumper crop last year&FY21,should see bumper agri production,yet again!
By Dec,#CPI should ease& inflationary pressure will abate,due to #BaseEffect& #Kharif arrivals
Note:Kharif sowing was up between 50-88%,for most crops,despite #lockdown
With INR@73.11/$ level,threat of imported inflation is minimal
#CoreInflation at sub 6%,bodes well
#economy
Note:Kharif sowing was up between 50-88%,for most crops,despite #lockdown
With INR@73.11/$ level,threat of imported inflation is minimal
#CoreInflation at sub 6%,bodes well
#economy
#IIP contraction in Aug at 8% Vs 10.8% in July,is driven by relatively better numbers from #Mining& #ConsumerNonDurables
After record #ManufacturingPMI of 56.8 in Sep,#ServicesPMI at 49.8 Vs 41.8 in Aug,is a good sign💪
#TradeDeficit in Sep@ $2.9 Vs $10.9,in Sep2019,bodes well
After record #ManufacturingPMI of 56.8 in Sep,#ServicesPMI at 49.8 Vs 41.8 in Aug,is a good sign💪
#TradeDeficit in Sep@ $2.9 Vs $10.9,in Sep2019,bodes well
