India’s Nov CPI inflation eases as one-off factors drag production

Gradual disinflation is underway.

Last year, India’s food inflation had peaked at 14.5% due to a sharp jump in vegetable prices, pushing up headline CPI to 11.2%. These base effects led this year’s food inflation to ease to 3.6% vs 5.8% in Oct, with the fuel price inflation slowing to 3.3%.

According to a report by DBS, as these distortions fade, CPI inflation is expected to head back towards 6.0% over the next 2-3 months before settling within the 5.5-6.5% in FY16. The inflation trajectory is turning favourable on the back of a tight monetary policy, smaller rise in minimum prices, moderating rural wage growth, steps initiated by the government to ensure ample food supplies and falling commodity prices.

Anticipated rebound in growth next year and resultant boost to aggregate demand will be watched closely for inflationary pressures. On policy, the soft Nov CPI inflation has already been priced in and is unlikely to evoke any response from the Reserve Bank of India (RBI).

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia