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Perspective on WPI inflation data By DRE. Reddy, CEO and Managing Partner at CRCL LL "The CPI reached 7.01 percent due to higher edible oil and other commodities. Food prices, which account for nearly half of the inflation basket, will remain high due to supply chain issues, crude oil price increases amidst geopolitical tensions. Commodity prices have risen, leaving businesses with no choice but to pass the increased costs onto end users. Inflationary pressures have b...
Perspective on WPI inflation data By D.R.E Reddy, CRCL LLP
Below is Perspective on CPI Announcement By DRE. Reddy, CEO and Managing Partner at CRCL LLP ‘The central bank had revised the inflation projection for FY23 in its monetary policy earlier in the month to 6.7% from 5.7% earlier. The CPI inflation has remained above the 6% level for 5 months since January. High food, vegetable, and edible oil kept the inflation upwards. Going forward, the elevated crude prices and favorable distribution of monsoon will help ease pressure on i...
Perspective on CPI Announcement By D.R.E Reddy, CRCL LLP
Below is Perspective on India Limit Sugar Export By DRE. Reddy, CEO and Managing Partner at CRCL LLP "The Indian Government's decision of limiting the export of sugar to 10 MT is not very surprising. The move comes on the backdrop of rising inflation and is made to keep on the rising domestic food prices. This decision is in line with the centre's decision of limiting the export of wheat. This decision will impact the global sugar supply as India is the second-largest exp...
Perspective on India Limit Sugar Export By Mr. D.R.E Reddy, CRCL LLP
Below is quote on WPI Announcement By Mr. D.R.E Reddy, CEO and Managing Partner, CRCL LLP "Beginning April 2021, the WPI inflation has remained in double-digit zone for twelve consecutive months. While inflation has seen an increase in the last couple of months with a rise of 1.59%, the food and commodity prices continue to harden. Additionally, the food Index increased from 8.47 percent in February 2022 to 8.71 percent in March 2022 due to the increase in th...
Quote on WPI Announcement By Mr. D.R.E Reddy, CRCL LLP
Below is Perspective on RBI Monetary Policy By Mr. D.R.E Reddy, CEO and Managing Partner, CRCL LLP “The RBI's move to maintain its accommodative stance for the 8th consecutive time is backed by the motive to balance out the crisis impact caused by the pandemic. The RBI's decision to continue with the same stance as long as required points towards the same. The upcoming festive season is expected to bring back the sheen to the economy with the backdrop of relaxations...
Perspective on RBI Monetary Policy By Mr. D.R.E Reddy, CRCL LLP
Below is Perspective on rising food prices on the Foodservices sector By Mr. D.R.E Reddy, CEO and Managing Partner, CRCL LLP The suffering of Foodservices sector due to rising food prices “As we start to pan out from the pandemic, the foodservices sector will now have to deal with high food prices given current situation due to ongoing protests by farmers. Despite of the eased out CPI numbers, the pressure due to agri-commodities will continue to rise in the long ru...
Perspective on rising food prices on the Foodservices sector By Mr. D.R.E Reddy, CRCL LLP
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