The Daily Brief India’s inflation is NOT slowing down!
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Feb 11, 2025 Inflation in India remains a pressing issue, with public perception clashing against official statistics. Swiggy faces financial hurdles despite growth, raising questions about profitability in the fast delivery sector. The jewelry market sees tight competition, particularly between Titan and Kalyan Jewelers, with wedding season sales significantly influencing performance. This landscape highlights the challenges and dynamics shaping consumer behavior and market trends.
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Inflation Expectations and Their Impact
- The RBI surveys households on inflation expectations, revealing anxieties about rising prices, especially for essentials like food and housing.
- These expectations, though sometimes differing from official data, influence consumer behavior, wage demands, and central bank policies.
Swiggy's Growth and Challenges
- Swiggy's revenue grows, but losses increase due to investments in quick commerce and faster delivery services like Bolt and Instamart.
- The company faces high competition and explores strategies like a standalone Instamart app and premium memberships to boost profitability.
Jewelry Market Rivalry and Margin Compression
- Titan and Kalyan Jewelers, major players in India's jewelry market, face margin compression despite rising revenues.
- Factors include government policies, consumer preferences for gold coins over jewelry, and different business models impacting profitability.